uTrade Algos
Investing in Initial Public Offerings (IPOs) has never been easier with Share India’s new IBT app. Whether you’re a seasoned investor or just starting, the app’s user-friendly interface ensures a smooth and efficient process.
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How to Apply
Here’s a step-by-step guide on how to apply for an IPO using Share India’s IBT app:
- Open the App and Tap on Bids
Launch the Share India IBT app on your device. On the home screen, locate and tap on the “Bids” section to get started.
- Navigate to the IPO Section
In the Bids section, find and tap on “IPO”. This will take you to a list of all ongoing IPOs that are available for application.
- Select the Desired IPO
Browse through the list and select the IPO you are interested in. Once you have made your choice, tap on the IPO name to proceed.
- Initiate the Application Process
Tap on “Apply” to start the application process. You will be prompted to enter your UPI ID.
- Enter or Edit Quantity and Price
Specify the number of shares you wish to apply for and the price at which you want to bid. This flexibility allows you to tailor your investment to your preferences and budget.
- Agree to the Undertaking
Read through the terms and conditions and then tick the undertaking box to agree to them.
- Submit Your Application
Once you have filled in all the required details and agreed to the terms, swipe the “Submit” button to finalize your application.
- Accept the Mandate on Your UPI App
Finally, open your UPI app to accept the mandate request. This step is crucial to confirm your payment and complete the application process.
Pre-Apply Feature: Gain an Edge in the Market
One of the standout features of the Share India IBT app is its three-day pre-apply window. This gives you a significant advantage, allowing you to apply for IPOs well before they open to the general public. By securing your application early, you increase your chances of allocation, especially for oversubscribed IPOs. Most other apps only provide a one-day pre-apply window, making our three-day pre-apply a unique and valuable benefit.
Flexibility in Trading: Beyond Delivery
Another unique selling point of the Share India IBT app is the flexibility it offers in trading. While other apps limit trading by amount to delivery transactions only, our app extends this feature to carry forward transactions as well. This means you can manage your investments more effectively, with options to carry forward your trades if you wish to hold your position longer.
Conclusion
Share India’s IBT app is designed to make your IPO application process as seamless and advantageous as possible. With our unique pre-apply feature and flexible trading options, you can stay ahead of the curve and maximize your investment opportunities. Download the Share India IBT app today and take the first step towards a smarter investing future.