Know the easy way to invest money in IPO.
Nowadays many people want to invest in the stock market, and IPO (Initial Public Offering) is a great opportunity to invest in a company from the beginning. By investing in an IPO of a company, you can buy shares of that company and expect good returns in future.
But many people do not know how to apply for IPO. These processes are not difficult, rather you can also invest in IPO online from home. Let’s understand in easy and simple language how we can apply for IPO from our mobile or computer.
What is IPO?
IPO (Initial Public Offering) is the process when a company sells its shares to the public for the first time and lists in the stock market. When you apply for investing in an IPO of a company and you are allotted share, then you become the shareholder of that company.
Things required to apply online for IPO
Before applying online in IPO, you should have a demat and trading account (Zerodha, Groww, Upstox etc.). Along with this, you have a bank account in which UPI is active and UPI ID from which money can be blocked.
How to apply for IPO: Step by Step Process
- Step 1: Log in your demat account. (If you have created an account on Zerodha, Groww or Upstox, log in to the app or website)
- Step 2: Now go to the IPO section.
- Step 3: Select the company whose IPO is open
- Step 4: Now apply or apply click on the button.
- Step 5: Fill the lot size and bid price
- Step 6: Enter UPI ID
- Step 7: Apply mandate in UPI app
After this, your application will be submitted and now after the IPO is closed, the shares will be allocated, if you get shares then they will come to your demat account. If you do not share share, then your money will be refunded.