Registrar of the IPO is responsible for processing IPO applications. This includes allotment and refund processing. The Broker is not responsible for this and should not be contacted for the same. If someone is not received IPO refund, there are few ...
The limit for IPO applications using UPI is Rs 2 Lakh. If you want to apply for a higher amount (HNI category), you will have to choose the ASBA IPO application.
No, one person cannot apply multiple times through multiple applications for an IPO. It's a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be ...
- Market Lot Size: The Market Lot Size (also called Lot Size) is the fixed number of shares that an investor can apply for in an IPO. Shares in an IPO are applied in multiples of this lot size. - Minimum Order Quantity: The Minimum Order Quantity is ...
- RII – Retail Individual Investor: Individual Investors (including HUFs and NRIs applying on a repatriation/non-repatriation basis) who invest up to ₹2 lakh in an IPO. Minimum 35% of the IPO issue is reserved for RIIs. They usually apply through UPI ...
Company coming up with a Book Building Public Issue decides a price band for the issue. The price band usually contains an upper level and a lower level. Floor Price is the minimum price (lower level) at which bids can be made for an IPO. Investors ...
Important Points: UPI ID is compulsory for apply through Our Portal The bidding will happen in the retail category where the IPO application amount cannot exceed Rs 2, 00,000. One can check the UPI list as well as the banks eligible for the UPI ...