What is IPO?
An initial public offering (IPO) is a process by which a private company can offer shares of its stock to the public in order to raise capital.
How to invest in IPO?
Goals and Risk: Before investing in an IPO, it's important to consider your investment goals and risk tolerance.
Research: It's important to research the company and its financial health. Review the company's prospectus, which provides detailed information about the company's business, financial performance, and risk factors.
Demat Account: In order to invest in an IPO, you will need to open a brokerage/demat account with a firm that offers IPO investments.
Bid: Once you have chosen a brokerage firm, place a bid on the stock through your broker's website or mobile app. The bid should include the maximum number of shares that you are willing to purchase at the designated price range.
Allotment: Once all bids are submitted, they will be evaluated and compared against other bids received. If your bid is accepted, then the shares will be allocated to your Demat account according to your instructions.
How to check IPO allotment status?