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About IPO
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time and becomes publicly traded on a stock exchange. This allows the company to raise funds from retail and institutional investors, which can be used for purposes like business expansion, improving infrastructure, launching new projects, or paying off debts. For investors, an IPO provides an opportunity to invest early in a company and potentially benefit from its growth. However, it also involves risks, so careful analysis of the company’s financials and growth prospects is essential before investing.
Who Can Apply for an IPO in India? | Who can participate in IPO?
To participate in an IPO in India, investors must meet certain eligibility criteria set by SEBI. The following types of investors can apply for an IPO:
Retail Investors:
Individuals who wish to invest in IPOs.
Qualified Institutional Buyers (QIBs):
Typically institutional investors like banks, insurance companies, etc.
High Net-Worth Individuals (HNIs):
Investors with a high level of wealth who may apply for larger amounts of shares.
Key requirements for investors include
Minimum Age:
Investors must be at least 18 years old.
Bank Account:
A functional bank account with sufficient funds and internet banking capabilities.
Demat Account:
A Demat account with a registered Depository Participant (DP) to hold IPO shares.
Trading Account:
Trading account is necessary to sell the shares post-listing.
PAN Card:
A valid PAN is required for identification.
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Frequently Asked Questions
Questions on your mind? Don't worry we have the answers!
An IPO, or Initial Public Offering, is when a private company sells its shares to the public for the first time, allowing the company to raise capital and expand. It also gives the public a chance to invest in the company’s growth by purchasing shares listed on a stock exchange.
Here's how to apply for an IPO:
- •Open Demat and Trading Account: Ensure you have an active account with Tradejini
- •Select IPO: Check the IPOs available on the platform
- •Log In: Access your Tradejini account online or via the mobile app
- •Fill Details: Enter the IPO details, like the number of shares and price range
- •ASBA Application: Use ASBA for the application and ensure sufficient funds in your linked bank account
- •Submit: Confirm your details and submit the application
- •Track and Trade: Monitor the allotment status and sell the shares once listed
The IPO price is determined either through a fixed price or book-building method. In a fixed-price offering, the price is pre-determined by the company, while in book-building, investors bid within a price range, and the final price is set based on demand.
Yes, IPO shares can be sold once listed on the stock exchange.
If you don’t get an allotment in an IPO, your application money will be refunded after the issue closes. This amount is credited back to your bank account linked to the ASBA application.
