Apply for latest IPOs of 2024

An IPO is a great way for a company to raise funds. It’s a long process that has multiple steps involved. For this very reason, the term IPO cycle or life cycle of an IPO was coined. Once a company chooses to go public by launching an IPo, they have to go through a lot of things. Here are the steps the company has to go through for launching a successful IPO

• SEBI Registration and Approval

• Draft Prospectus

• Awareness

• Prospectus Approval by SEBI

• Tentative price band

• IPO Bidding

• Allotment of Shares

• Listing on Stock Market

These are the steps an IPO goes through to gain from start to end t complete its own life

Your PAN number is a mandatory detail that must be provided during the application for the IPO. Any mistakes or issues done in the PAN number would be grounds for rejection of your application. For this very purpose ensure to check the details you have filled in before submitting your application.

There is no standard time frame followed by everyone for the IPO. However, there are limitations in place to ensure that investors get time to bid and it doesn’t go on forever. The minimum time frame for the IPO is 3 working days. The maximum time frame for the IPO to be open is 10 working days. Generally, companies prefer a time frame of 3 to 7 working days. During the bidding process, if the price band is revised, the bidding process can be extended for another 3 working days.

One can only have one application under their name no matter how many platforms they apply through. The reason for this is, that your PAN is used if multiple applications are submitted, all of them will be rejected leading you to not have a chance at allotment. Instead, you can try and apply from your friends and family’s accounts to increase the chance of allotment.

The IPO cut-off price is decided by the book-running lead managers (BRLMs). The main factors affecting this price are the demand for the IPO, i.e. how oversubscribed the IPO and the bids placed by all the bidders. The BRLM try to ensure that the cut-off price is fair for both the company and is within the bidding price range of the IPO.

If you receive the shares of the company through the IPO process, you can’t sell them before the company is listed on the stock market. However, if you already have the shares as you’re a promoter, you could sell your shares on the grey market. Some companies also have restrictions on when you can sell shares after the allotment which basically means that you can’t sell your shares on the day the shares are listed.

There is no correct answer to this question. You need to be careful while applying for an IPO. You can also increase the chance of getting an IPO by using multiple Demat accounts under the different names of your friends and family.

You need to follow the steps below to buy stock from an IPO.

• You need to get a physical application form for an IPO from a broker or a bank branch.
• You need to fill in the details such as bank account, Demat account number, and your PAN card detail.
• Add your investment amount and quantity of shares.
• Wait for the allotment of IPO, which will be around 10 days from the date of closing IPOs

While applying for an IPO, you may come across lot sizes. A lot size is a group of shares you need to buy for the latest IPO. The lot can consist of 10 to 15 shares. In IPO, you cannot buy single shares. You have to book a single or more lot of shares.

No, you cannot apply for an IPO more than one time. However, you can use multiple lots. And if it is discovered that you have applied for IPO various times, your IPO application will be rejected.

The IPO issue price is the price at which a company’s share is floated in the stock market.

IPO gives us a chance to get shares at a much lower price. But there is a catch here: the share price of a particular company cannot be the same. There is always a risk of losing the value of the specific share. Understanding the company and its past performance is better before making any investment decision.