Investment service
IPO
Apply to public issues online using the ASBA / UPI application process.
An Initial Public Offering is the first sale of a company’s shares to the public. Applications are made during the issue window through the ASBA or UPI mandate process, where the application amount stays blocked in your bank account until allotment.
What this includes
- Online application during the issue window
- UPI mandate and ASBA supported application flow
- Issue documents and the price band available before applying
- Allotment credited directly to your demat account
What to weigh up
- Allotment is not guaranteed - oversubscribed issues are allotted by the prescribed process.
- Listing price can be above or below the issue price. Listing gains are never assured.
- Read the Red Herring Prospectus, including the risk factors, before applying.
Who this generally suits
Investors who have read the issue documents and understand that allotment and listing outcomes are uncertain.
This is a general description, not a suitability assessment or a recommendation for your circumstances.
Ready to start investing?
Share a few contact details and our team will guide you through account opening.