There’s usually a lot of buzz in the market about the upcoming IPOs. Research the IPO that interests you by reading its Red Herring Prospectus (RHP) for relevant business insights.
For investing in IPOs, ensure you have a Demat and Trading Account. These accounts are essential for holding and trading shares.
Prepare funds for investment. Ensure your bank account is linked to a UPI ID for seamless transactions.
Login to your trading platform, select the IPO, choose the number of lots, enter your UPI ID, and submit.
Open your UPI app and confirm the payment request sent by your broker. Funds will be blocked until allotment.
If shares are allotted, the blocked amount will be debited, and shares credited to your Demat account. If not, funds will be released. Simple, isn’t is?