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What is the application process for IPO in India?
What is the application process for IPO in India?
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The application process for IPO in India is relatively straightforward. To help you understand here is how to apply for IPO:
Sign into your trading account on the broker’s website and click the IPO subscription button.
Choose the investor type that applies to you and select the initial public offering you wish to apply for.
Input the number of shares you would like to purchase and enter your bid price.
Your money will be blocked via a process known as ASBA, and funds will be debited from your account when your IPO units are allotted.