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Upcoming IPOs
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Apply for Ongoing and Upcoming IPOs with Tradejini
There are no upcoming IPOs available at the moment.
About IPOs
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?
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)
Institutional investors like banks, insurance companies, etc.
High Net-Worth Individuals (HNIs)
Investors with high capital can apply for larger amount of shares.
Key requirements for investors include
Minimum Age
Investors must be at least 18 years old.
Bank Account
Must have a working bank account, sufficient funds, and internet banking access.
Demat Account
A Demat account with a registered Depository Participant (DP) to hold IPO shares.
Trading Account
Trading account to sell or buy more shares post-listing.
PAN Card
A valid PAN for identification.
Apply for IPOs in Just 3 Steps!
Open the CubePlus App/Web and head to the Products Section
Under the Open & Upcoming IPO, click on the IPO of your choice
Bid for the IPO in a single click through UPI
Frequently Asked Questions
An IPO (Initial Public Offering) is when a private company offers its shares to the public for the first time. This allows the company to raise capital for expansion while giving investors a chance to own equity in the business through shares listed on a stock exchange.
Here's how to apply for an IPO:
- Log in to your Cube Plus account
- Navigate to the ‘IPO’ section from the top-right menu.
- You will see a list of ongoing IPOs that are open for application.
- Select the desired IPO and enter the number of shares (in multiples of the lot size).
- Choose the price from the dropdown or tick the ‘Cut-Off Price’ option.
- Enter your UPI ID linked to your bank account.
- Review the bid details, confirm the amount payable, agree to the terms, and click Submit.
- You will receive a UPI payment request on your UPI app. Approve the mandate within the specified time window.
- Once the mandate is approved, the bid amount will be blocked in your bank account (Under ASBA, funds are not debited unless you receive an allotment).
- You can track the allotment status in the ‘IPO Orders.’
IPO pricing is done in two ways:
- Fixed Price: The company sets a fixed price for the issue
- Book Building: Investors bid within a price range, and the final price is determined based on demand and investor interest
Yes, once they are listed on the stock exchange, you can sell your shares on the same day.
If you don’t receive an allotment, the blocked funds in your bank account will be unblocked and refunded, typically within a few working days after the IPO closure or listing.
What is an IPO?
An IPO (Initial Public Offering) is when a private company offers its shares to the public for the first time. This allows the company to raise capital for expansion while giving investors a chance to own equity in the business through shares listed on a stock exchange.
