IPO

An initial public offering () is when a private company sells of its stock for the first time to the public and becomes a public company.

 If you want to apply for an IPO,

  1. Tap IPO and select the company and category. 
  2. Fill in your IPO application and Place Bid.
  3. Approve the payment mandate. If you want to apply through net banking, use your bank’s net banking services.

* can be profitable if the company performs well after listing, however, conduct thorough research before investing. Risks include market volatility, uncertain future performance, lock-ins, listing price being lower than allotment price