01 A digital IPO desk
Open the IPO portal, pick the issue, enter your bid and approve the mandate on your UPI app. No forms to print or sign.
- Dedicated online IPO portal
- Open issues listed in one place
- Bid at cut-off or your own price
- Confirmation on submission
02 Funds blocked, not debited
Under ASBA, the bid amount stays in your bank account and is only debited if you are allotted shares.
- UPI-based ASBA
- Amount blocked until allotment
- Released automatically if not allotted
- Modify or withdraw before close
03 Read before you bid
Every issue comes with an offer document. Read the risk factors, financials and objects of the issue first.
- Red herring prospectus
- Issue dates and price band
- Lot size and minimum amount
- Category you are applying in
04 Allotment to listing
Allotted shares are credited to your demat account before listing, ready to hold or sell on listing day.
- Credit to your NSDL demat
- Allotment status via registrar
- Sell from your trading account
- Help from the support desk