Team MW | Oct 8, 2023 | 0
FAQs related to the IPO
Customers must log in to their accounts to check the IPO allotment status. Keep your application, DP ID, and PAN number ready when checking the allotment status.
Fixed Price Issue: The price at which the securities are offered or allotted is known in advance to the investor.
Book Building Issue: The price at which securities will be offered or allotted is not known in advance to the investor. Only an indicative price range is known.
That means there will be a price band instead of a price point, and the actual issue price will be discovered by building the book.
Retail investors may apply for the IPO using UPI or Demat.
- Link your bank account to a UPI ID.
- Register your UPI ID with your Demat account.
- Subscribe for IPO and approve the payment on your UPI ID.
- If you are a new investor then open your Demat account with any stock broker or with your Banks.
Listing gain is the difference between the IPO's opening and offer prices.
The listing gain results from changing investors' interests, global parameters, and short- and long-term outlooks.
I have finished the application process for IPO, but the funds are not yet debited. What is the reason?
The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
Log in to your UPI handle and approve the payment mandate to complete the IPO application process.
You can submit only one application using one PAN card. If you want to submit more than one application for the public issue, you will have to arrange for more PAN cards. You can get this from your family or friends. Then you can apply for an IPO in his name.