Upcoming IPOs in India in 2023

How to invest in IPO with a Demat account?

1. Visit our IPO Application Page
2. Enter Client Code & click Proceed
3. Validate OTP
4. Select the IPO, provide necessary details, Enter UPI ID & select the UPI handle
5. Submit the application
6. Ensure the specified amount is there in your account
7. Open your UPI app and approve the block mandate request
8. In some cases, there may be some delay in the request to appear on your UPI app
9. Your account balance to the extent of amount applied in the IPO will be blocked in your bank account
10. The amount will be deducted only if you get the IPO allocation, or else the amount will be unblocked in your bank account in case of an unsuccessful IPO application

How to invest in IPO if you don’t have a Demat account?

• Visit our IPO Application Page
• Enter PAN number & mobile number
• Validate the OTP received
• Select the IPO in which you want to bid
• Provide necessary details, Enter UPI ID & select the UPI handle and submit an application
• Ensure the specified amount is there in your account
• Open your UPI app and approve the block mandate request
• In some cases, there may be some delay in the request to appear on your UPI app
• Your account balance to the extent of amount applied in the IPO will be blocked in your bank account
• The amount will be deducted only if you get the IPO allocation, or else the amount will be unblocked in your bank account in case of an unsuccessful IPO application

Why invest in IPO?

Here’s why you need to invest in IPOs:

• Unleash Massive Earning Potential

  IPOs provide a great opportunity to buy shares at their listing price, thus they have a massive upside potential on investments.

• Long-term growth potential

  IPO investors share the belief that share prices rise after its launch, especially if the company is a reputable company with an established market presence. This is one of the most important reasons why people prefer investing during an IPO.

• Portfolio diversification

  Investing in an IPO is an effective way to diversify your investment portfolio. Equity from IPO holds the potential to generate higher returns compared to other asset classes.

Benefits of applying in IPO through us

Check the key benefits of investing in an IPO through us:

• Quick account opening process:

  While a Demat account is necessary for bidding in an IPO, there’s no need to worry if you don’t have it. Through us, you can open a Demat account in 10 minutes. Click here to open a Demat and trading account

• Apply in IPO through UPI ID:

  Now, you can apply for an IPO through your UPI ID. No paperwork or bank account details are required.

• Fill form instantly:

  Your details will be pre-filled if you already have a Demat and trading account with us. So, there’s no need to waste time searching for any document or information while applying for an IPO.

Why does company launch an IPO?

Check the key reasons why a company launches an IPO:

• Raising capital

  It helps to raise funds which help companies clear their debts, acquire cutting-edge technologies, and focus on capital expenditure, research and development.

• Enhancing brand visibility and credibility

  An IPO brings a company’s brand into the spotlight. A company needs to open itself up to scrutiny to build credibility and improve brand equity. This makes newly listed companies highly transparent.

• Liquidity of shareholders

  Existing shareholders can sell off their shares at their convenience. Only after an IPO, do companies get listed on stock exchanges and you get a chance to buy and sell shares as and when you need to.

• Expansion and future growth opportunities

  Increasing the customer base and expanding its facilities are important catalysts for a company’s growth. The money a company accumulates through an IPO improves its growth trajectory.

Who can invest in IPO?

SEBI (Securities and Exchange Board of India) has segmented investors eligible to take part in the IPO bidding process, into four categories:

• Qualified Institutional Investors (QIIs): This category includes public financial institutions, foreign portfolio investors, asset management companies (AMCs) and commercial banks registered with SEBI.
  If the QIIs end up purchasing more shares, you’ll have lesser shares to invest in. So, to maintain stability in the IPO process, SEBI has said that the allocation for QIIs should not be more than 50%.
• Anchor Investors: Anchor investors are QIIs that have assets exceeding Rs.10 crore. They can purchase a maximum of 60% of the shares reserved for QIIs. Promoters, merchant bankers and direct relatives don’t fall under this category.
• Retail Investors: Individuals who can invest up to Rs.2 lakh in a new IPO lot are retail investors. SEBI has mandated a minimum allocation of 35% under the retail quota. If there’s an oversubscription, companies need to issue a minimum of one lot of shares to each retail investor. If that’s not possible, a lottery system is used to distribute IPO shares.
  Resident and non-resident Indians (NRIs) and HUFs fall under this category of investors.
• High-Net-Worth Individuals (HNIs) or Non-Institutional Investors (NIIs): Individuals and institutions which make investments exceeding Rs.2 lakh are known as HNIs and NIIs respectively. Unlike QIIs, NIIs don’t have to register their details with SEBI.
  Usually, companies reserve 15% of IPO for HNIs and NIIs.

Tata Technologies IPO:

Tata Technologies, incorporated in August 1994 is a global engineering and IT services company that provides product lifecycle management (PLM) and enterprise software solutions. They offer services to various industries, including automotive, aerospace, industrial machinery, and consumer goods. The company is a subsidiary of Tata Motors which is one of India's largest automotive manufacturers.