How to check for upcoming IPOs
Investors interested in allocating their money to IPOs can stay updated about the upcoming IPOs through various means. These means include the following:
They can check the stock exchange websites and get news about the upcoming IPOs. Many stock exchanges have a dedicated section of IPOs where desiring investors can get information about the upcoming IPOs. These websites, in various cases, also provide the IPO calendar and the IPO prospectus. Another mode is various websites on the internet. Those websites will provide you with authentic news under the segments such as "new ipos" or "ipo list". The third avenue is to look on the official website of aggregators, brokers, stock market information websites, blogs, and so on. At PSL we provide the investors with complete information and analysis of the upcoming IPOs through online IPO Application.
Upcoming IPOs...
Company Name | Security Type | Issue Start Date | Issue End Date | Lot Size | Lot Value |
Emerald Tyre Manufacturers Limited | SME | 05/Dec/2024 | 09/Dec/2024 | 1200 | ₹ 114,000 |
Prerequisites to applying for an IPO
An initial public offering or IPO is the process through which a company sells its shares to the general public for the first time. With an IPO, a company gets listed on the stock exchange and is available for trading to the common public. It is also an excellent opportunity for prospective investors to become the shareholders of a hitherto privately held company.
Demat Account:
The first requirement for applying for an IPO is that you must have a Demat account. Opening a demat account should, thus, be on the top of your 'how to apply for an IPO' checklist.
Trading Account:
A Demat account only holds the shares allotted during an IPO. You will not be able to trade these shares without a trading account.
UPI ID:
The best way to apply for an IPO is via UPI id. The process is complete within minutes with minimal formalities.
Apply IPO now
Eligibility Criteria:
Knowing the eligibility criteria can help you leverage and increase your chances for an allotment. For example, in most of the IPOs, 20% reservation is maintained for retail investors (whose total bid value is less than ₹2 lakhs).
Applying IPO is so Easy in PSL
PSL makes the IPO journey a breeze! With our seamless process and expert guidance, your company's transition to the public market is smooth sailing. Trust PSL to navigate you through every step of the way. Here’s how you can complete your IPO Apply Process:
Open PSL online platform for online IPO application
Select active IPO from List
Enter UCC / Trading Code
Input Lot Qty
Input UPI ID
Validate Captcha and Submit
IPO Application validity
An IPO remains open for a minimum of 3 days and a maximum of 10 days. Stock exchanges accept subscription applications between 10:00 a.m. and 5:00 p.m. on days when the IPO is open for subscription, except on stock exchange holidays.
Ways to Apply in IPO | IPO Bidding Rules |
IPO application from two Demat account | Not Allowed |
IPO application on same name from different bank account | Not Allowed. |
IPO application from joint bank account | Allowed provided the applicant is the first holder. |
IPO application through google pay | Allowed via UPI |
IPO multiple application on same name in an IPO | Not Allowed |
IPO application through Whatsapp | Allowed provided your broker offers this facility. |
IPO application through Phonepe | Allowed via UPI |
IPO duplicate application | Not allowed |
Want to Know More
Investing in an IPO can be tough if you don't know where to find all the right information. A red herring prospectus or IPO prospectus is a great resource that can help you out. Keep in mind that the Prospectus contains a plethora of information to aid you in making knowledgeable choices regarding the IPO. It provides all the information you need in one place. You can easily read and understand the data by using the above pointers. This makes deciding whether or not to invest much simpler.
Saves Time
Apply for an IPO online.
Seamless Process
It is user-friendly & hassle-free.
Optimal Use Of Funds
By using the ASBA facility
Safety And Transparency
The process is safe and transparent
Applicable fees and Charges Details
Nil, you read that correctly. There are no fees associated with using Peerless Securities Online mode to apply for an IPO. To be clear, however, you will be charged the appropriate brokerage fees anytime you sell IPO shares from your Demat account.
Type of fees | Applicable charges |
Apply IPO through Online. | NIL |
Way to Trade/Invest in PSL
Frequently Asked Questions
To find the most recent information on IPOs in India, you should check financial news websites, the official website of the Securities and Exchange Board of India (SEBI), and other reliable financial sources. Additionally, brokerage platforms and financial news apps often provide real-time updates on IPOs and the stock market.
Note:
- Only one application per person (unique PAN number) is allowed for an IPO. There are some exceptions for applications in the employee and shareholder category.
- The name in the IPO application must match the name of the primary account holder of the demat and bank account.
- Duplicate applications will be accepted at the time of application but will be rejected at the time of allotment.
Note:
- 1 IPO application is allowed per person (unique PAN)
- The name of the primary account holder in the demat account and bank account holder must match the name in the IPO application.
- All duplicate applications will be rejected by the Registrar at the time of allocation.
Steps to apply for IPO offline:
- Download the IPO application form from the exchange website or procure the physical form from the nearest broker/syndicate member office.
- Fill in the applicant details like Name, Address, PAN, contact details, Email ID, DP Details.
- Select the investor category.
- Enter the bid details like quantity and price.
- Enter the application amount in words and figures.
- Provide the ASBA bank account no. or the UPI ID.
- Sign the form.
- Submit the form to the nearest intermediary.
- If the payment mode selected is UPI, you can submit the form to any of the intermediaries mentioned above except SCSB.
- You can register your details as a one-time process with NSE so that you do not have to enter these details each time when you download the form.
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