IPO Application Process

IPO Application Process


The IPO application process is simplified and can be done online. IIFL Capital offers an online facility to apply to IPOs through its proprietary trading software, Trader Terminal, which minimizes paperwork.

The general process involves:
- Collecting and submitting a subscription form to collection centers or collecting bankers to the issue.
- Shares are allotted through a bidding process and deposited into the investor's Demat account.
- SEBI offers ASBA (Applications Supported by Blocked Amounts), where the application amount is blocked from your bank account and debited only upon allotment.
- You can apply online through your broker or bank's trading platform, with UPI-based payment mandatory for retail investors applying online

    • Related Articles

    • How to apply for an IPO?

      Through the IIFL Markets App Log in to the IIFL Markets mobile application. Tap the Hamburger Menu (☰). Navigate to Investment Opportunities > IPO/NCD/SGB. Select the IPO you wish to apply for and click Apply Now. Enter the desired number of lots and ...

    • How and when can client check the allotment status of IPO / How do I know if IPO shares are allotted?

      The whole process of allocation takes around 10 working days. In case shares are not allotted/ partially allotted, the amount paid would be refunded. For the shares to start trading on the Stock Exchanges, it normally takes 2 weeks from the date of ...

    • How to Cancel IPO application ?

      You can cancel IPO application by following the below steps- Through the IIFL Markets Mobile App Log in to the IIFL Markets mobile application. Tap the Hamburger Menu (☰). Navigate to Investment Opportunities > IPO/NCD/SGB. You will be redirected to ...

    • How to Modify IPO application ?

      You can modify the IPO using the below steps:- Through IIFL Markets App:- Login to the mobile app Click on the Hamburger menu Click on Investment opportunities Then click on IPO/ NCD/ SGB You will be redirected to the One-up page Select the view ...

    • How do I apply for a Rights Issue at IIFL?

      The process of applying for a rights issue is through ASBA (Applications Supported by Blocked Amount). If your bank supports it, you can apply online just like an IPO. If not then you would have received a courier of the Composite Application Form ...