IPO — Initial Public Offering
What Is an IPO?
What Is an IPO?
IPO stands for initial public offering, which refers to a listing of the company on the stock exchange for the first time, which consist of the process of offering shares of a private corporation to the public in a new stock issuance for the first time or in another word we can say first time sale of the shares by a privately owned company to the public. Initial Public Offering allows issuance helps a company to raise some amount of capital from public investors which consist of the big corporates or the retails investors (Anyone can apply for the IPO).
Generally, companies go public because of some reasons like raises the fund through IPO for their debt repayment, acquisitions, working capital, expansion of their operations and may be due to some other reasons.
The investors can easily apply for the IPO stocks by filling just the IPO Application Form, which is nowadays easily available online, one can easily apply for IPO using their net banking or stockbroker.
The necessary thing to have before applying for the IPO is
i) Demat Account
ii) Net banking (Optional)
Here, some stockbrokers like Zerodha provides the inbuilt platform for filling for IPO Application, where you have to place the bid instead of net banking.
and some brokers like Upstox, you can file for IPO using the Your DP Account number and your Client ID provided by Upstox, and just fill the form from your net banking and mention the details of DP id and Client id in the form. So, if you get the shares it will be credited to your Upstox Demat Account.
Currently, there are two application open for IPO & FPO
i) Issuer Company: Yes Bank Ltd (FPO)
Exchange: BSE, NSE
Open: Jul 15, 2020
Close: Jul 17, 2020
Lot Size: 1000
Issue Price: 12 to 13
Issue Size (Rs Cr): 15,000.00
ii) Issuer Company: Rossari Biotech Ltd (IPO)
Exchange: BSE, NSE
Open: Jul 13, 2020
Close: Jul 15, 2020
Lot Size: 35
Issue Price: 423 to 425
Issue Size (Rs Cr): 494.15–496.49
Open Your Demat Account Now
With Upstox:
i) You will get Free Demat Account
ii) You will get 1 Year Free Moneycontrol Pro subscription
iii) You will get 1 Month Brokerage free trading
For more details go to the link and register now → https://bit.ly/2VFA1la
With Zerodha:
i) Pay 300 Rs. +Gst and get Demat account
ii) No other offers
For more details go to the link and register now → https://bit.ly/2WcLF7n
The above-mentioned offer for opening the Demat Account is for a limited period, So, open your account fast.
If you find some difficulty just fill this form, we are here to help you → https://bit.ly/313wcK6
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- Investment in the stock market are subjected to market risk, please take advice from your portfolio manager before investing.
Love, from EGrasps, we are here to help you, just fill the above form, and we will help you in opening the Demat Account.
