ViewIPO Research
Market Analyst
Quick AnswerTo start IPO investment, you need a Demat and Trading account linked to your bank. You can bid for IPO shares through your broker's app using UPI or via your bank's net banking portal using the ASBA (Application Supported by Blocked Amount) facility.
IPO investments attract massive interest because of 'listing gains'—the potential for the stock to list on the exchange at a much higher price than its issue price. However, not all IPOs guarantee positive returns.
1. Open a Demat Account: You cannot hold shares without a Demat account.
2. Track Upcoming IPOs: Use platforms like ViewIPO to track the IPO calendar, read the DRHP, and analyze Grey Market Premium (GMP).
3. Apply via ASBA/UPI: When the IPO opens, place your bid within the specified price band. Your funds will be blocked in your bank account, not deducted immediately.
4. Allotment: If the IPO is oversubscribed, shares are allotted via a lottery system. If you win, the funds are deducted; if not, they are unblocked.
Never invest blindly. Look at the company's financials, debt levels, promoter background, and peer comparison before applying.
Yes, shares are credited electronically, making a Demat account absolutely mandatory in India.
Discover the meaning of SME IPOs, how they differ from Mainboard IPOs, and what you need to know before investing.
A complete step-by-step guide for Non-Resident Indians (NRIs) applying for Indian IPOs. Learn the rules for NRE vs NRO accounts, ASBA routing, and repatriation.
Which broker should NRIs use to apply for Indian IPOs? We compare Zerodha, HDFC Securities, and ProStocks for NRE/NRO Demat accounts and ASBA applications.