How to apply for IPO online from a private limited or LLP Company demat account? (2024)

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How to apply for IPO online from a private limited or LLP Company demat account? (1)

Alert:

  • All the banks stopped offering the 3rd Party ASBA IPO application from 1st May 2022. From now onwards, the PAN number of the primary account holder in the Bank Account and Demat Account should be the same for valid IPO applications.
  • HDFC Net Banking allows Minor, HUF, and Company accounts to apply for IPO shares online.
  • For other banks who doesn't offer onine IPO applications to Minor, HUF, and Company accounts, you have to submit the Paper IPO Application forms to the bank branch.
  • The UPI limit for IPO applciation increased to Rs 5L per transaction.

A private limited or LLP company can apply in an IPO under the NII (Non-Institutional Investors) category. The company should have a demat account to apply in IPO. The application process for companies is a manual process that required download, print, sign, and submitting the paper IPO application form to your bank.

Note that the facility to apply for IPO is not available online due to the following reasons:

  1. The online banking ID for the company is in the name of the individual director. When using the online banking ASBA IPO application form, the form is prefilled by the director's name and PAN number instead of the company details.
  2. UPI IPO application cannot be used as the UPI ID is assigned to individuals and not to the company. In UPI IPO Application, the name on the account with UPI ID and Demat Account should be the same.

Steps to apply for IPO from a demat account belongs to Company or HUF

  1. Go to BSE or NSE website IPO section.
  2. Click on the e-Forms link or download a blank ASBA form.
  3. Fill it and print it
  4. Submit the form to your bank branch.
  5. Get the confirmation number from the bank.
  6. The bank will mark the lien and submit the application.

All popular banks including HDFC Bank, ICICI Bank, SBI Bank, Axis Bank, Kotak Mahindra Bank etc. accept the IPO application.

Resources:

Note:

  • The same rules are applicable for HUF accounts.
  • You cannot use the 3rd Party IPO Application for a company account. For example, you cannot use your personal bank account in SBI to apply for IPO shares using a company demat account.

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More IPO Basics Questions...

  1. What is an IPO?
  2. Who decides the Price Band?
  3. Who decides the date of the issue?
  4. What is the role of registrar of an IPO?
  5. What is the role of Lead Managers in an IPO?
  6. What is Follow on public offering or FPO?
  7. What is primary & secondary market?
  8. What is the life cycle of an IPO prospectus?
  9. What is the life cycle of an IPO?
  10. What is the difference between Book Building Issue and Fixed Price Issue?
  11. What is the difference between Floor Price and Cut-Off Price for a Book Building Issue?
  12. What is the difference between RII, NII, QIB and Anchor Investor?
  13. As a retail investor I want to apply more then Rs 1 lakhs in an IPO. Can I invest in Non-institutional bidder's category? If yes then what are advantages or disadvantages of this?
  14. Is it mandatory to have PAN number to apply in an IPO?
  15. How many days an IPO remain open for public?
  16. What information should I keep after I submit the IPO application form?
  17. What is 'Market Lot Size' and 'Minimum Order Quantity' for an IPO?
  18. Does applying in an IPO guarantee me to get certain amount of shares?
  19. Investing in IPO's is much less riskier then directly investing in stock market. Is that true?
  20. Can I apply in an IPO through multiple applications on same name?
  21. How many days is the issue open?
  22. What is Basis of Allocation or Basis of Allotment?
  23. Can I revise or cancel my IPO application?
  24. Where do I get an IPO application form?
  25. Can a minor apply in IPO?
  26. Tips to choose right IPO for investment.
  27. Can a person apply in the non-institutional bidder category of an IPO?
  28. What is the minimum & maximum investment one could do in HNI category?
  29. Can I place a buy order during after hour session before the listing date of an IPO?
  30. How one can apply in IPO's online?
  31. How is IPO listing price decided?
  32. What is right issue or RI?
  33. Why does the retail Individual Investor RII bidding status is not getting updated every hour?
  34. What are the risk factors involve in applying in an IPO?
  35. Can both the joint demat account holders individually apply for an IPO?
  36. Why does maximum subscription Amount for Retail Investor is limited to Rs 2 lakh?
  37. What are the determining factors for the selection of an ipo to invest?
  38. How much tax I have to pay on returns (capital gains) for a particular IPO?
  39. What is the procedure to withdraw from an IPO?
  40. How a Company gets listed on stock exchange without an IPO?
  41. For how many days an issue is required to be kept open?
  42. Can minors apply to an ipo ?
  43. What is over the counter trading ?
  44. Can we sell the stock allotted to us in a ipo before the stock gets listed ?
  45. How to fill IPO online ?
  46. What will be the category of 'private family trust' for applying in IPO ?
  47. What will be the category of 'private family trust' for applying in IPO ? Retail Bidder or Non-Institutional Bidder ?
  48. Can private limited company eligible to subscribe in non institutional category?
  49. What do you mean by pre IPO placement? Is it worth to buy any script at the time of pre IPO placement and how will it benefit the customers ?
  50. Who can apply for QIBs in IPO? WHAT is the rules and regulatin for QIBs ?
  51. How many days issue takes to list in the market ?
  52. What is call option and put option?
  53. What is the listing of ipo and how the listing done ?
  54. How many days does it take for a cheque to be cleared for an application of an IPO?
  55. How cut off price of IPO decided?
  56. What is meaning of BID QUANTITY & BID PRICE ?
  57. What is the full form of IPO ?
  58. What do you mean by IPO funding ?
  59. What is the role of 'Syndicate Members' in IPO Processing?
  60. What are the timelines for Book Building IPOs in India?
  61. When maximum number of days for which IPO bid should remain open is 7 (and minimum is 3), why companies go for less than 7 days bidding (i.e. 3, 4 days generally)?
  62. How to apply more than one application in an IPO?
  63. How many IPO applications can be made from one bank account using ASBA?
  64. What are different ways of filing IPO application?
  65. How many IPO applications can submit through online net banking from one bank account?
  66. Can I apply in an IPO from my current bank account?
  67. Can one apply an IPO from sweep in/out saving bank account?
  68. Can I apply IPO in the name of family members & friends from my saving bank account?
  69. Can I apply more than one IPO application in my name from different saving bank accounts in the same bank or different banks?
  70. What fields make an IPO application unique?
  71. If I have joint DP account whom I should consider for applicant in an IPO application form?
  72. Can I apply an IPO application in the name of Minor or HUF?
  73. How many lots in an IPO should I apply to get maximum allocation in retail category?
  74. Does changing the broker, bank account or applying 1st-day 1st-hour change my chance for IPO allotment?
  75. When should I expect allotment of IPO shares?
  76. When should I expect credit of IPO Shares in my Demat Account?
  77. When should I expect release of funds blocked for IPO in my bank?
  78. When should I expect listing of IPO shares?
  79. Till what time I can apply in an IPO on last day of an IPO?
  80. Should I submit three bids of one lot each at three different bid prices in one IPO application?
  81. If there is a discount to retail investors in an IPO, at what price should I subscribe?
  82. I have not marked cut-off but has given bid price at upper band in an IPO application. Does it make any difference?
  83. Why should I bid at cut-off in a book building IPO?
  84. I applied in an IPO whose price band is now reduced. I have already applied in original band & amount stands blocked already. What should I do?
  85. Where can I find the subscription figure of an IPO?
  86. How IPO shares price is discovered in early price discovery session?
  87. How one can apply in IPO's offline?
  88. How i can apply for an IPO online while my broker is not offering IPO facility but i have a demat account.
  89. Is it possible for individual to apply for both retail (below 2 lakh) and HNI (above 2 lakhs) for a IPO?
  90. Is there any eligibility criteria for NII or just minimum investment of Rs 2 lakh is required?
  91. Can I apply for an IPO for my friend�s PAN details in my Demat account?
  92. Is there different application form for NII and retail investor?
  93. If an individual wants to apply in NII quota the procedure is same or different while applying in physical mode and online mode?
  94. Is there any circuits at the time of IPO listing?
  95. How to sell IPO shares on listing day during special pre-open time between 9:00AM to 9:45 AM?
  96. Can we apply for an IPO online on Sunday?
  97. How to sell IPO?
  98. I want to invest for short time so please let me know which IPO will give positive gain?
  99. How to find the old IPO offer document?
  100. I want updates on every upcoming IPO? Where can I get it?
  101. Is there any benefit or disadvantage of applying for more than one lot in an IPO ?
  102. Where can we get the listing date of an IPO?
  103. Can IPO application be made through FD in the bank account?
  104. Can I apply for above 2 lakh in an IPO as a retailer?
  105. How much returns can expect from an IPO?
  106. Can I apply for sme IPO through online banking?
  107. I am an individual and want to invest in IPO what category should I choose?
  108. What does 'DP name' means in an IPO online form?
  109. How to get my lien amount back after IPO?
  110. I would like to invest in an IPO? I am doing it for first time? Could you please guide me in which IPO should I invest ?
  111. How to get information on number of applications of an IPO?
  112. What is the minimum reserve portion for retail category in an IPO. Sometimes i find 35% but sometimes even i find 10%. please clarify.
  113. Can I apply for an ipo through ASBA facility of my bank without having trading account?
  114. What is the difference between IPO issue price and listing price?
  115. How many days are required to launch an IPO after getting SEBI's nod?
  116. How can I know the exact date of an IPO?
  117. What is the difference between Upper Price and Cut-Off Price for a Book Building Issue?
  118. I have marked cut-off but has taken bid price at lower band in the IPO application. Does it make any difference?
  119. Where can I get the list of all Registered Main Syndicate member list with contact number for an IPO?
  120. Can I make payment for an IPO from my father's or someone else's account by registering through ASBA?
  121. I have mistakenly filled incorrect DP Id in my application. The IPO is closed now. What should I do?
  122. Can I apply for an IPO by taking a loan?
  123. How do I apply in an IPO?
  124. What is the difference between Public Issue, Right Issue, Bonus Issue and Private Placement?
  125. Explain Steps in an IPO Process?
  126. Can I cancel my Bid for online IPO order?
  127. What is the difference between Fixed Price Issue and Book Built Issue?
  128. What are the different types of investor categories?
  129. Will I get the acknowledgement of receipt for applications submitted through ASBA from the SCSB?
  130. Can one person apply an IPO in the retail category as well as NII category at the same time?
  131. Can a retail investor (meaning not super rich) apply under NII quota, or is there a certain eligibility?
  132. Can a person apply in the NII and retail investor category in two separate bids?
  133. What are the pros and cons of applying in NII quota? Are there more chances of allotment?
  134. How different is QIB from anchor investor?
  135. Are HNIs allotted from the NII reserved allocation quota of 15%?
  136. When applying in an IPO, do we apply in lots or can apply as per the money that we want to invest?
  137. I and my wife have a joint demat account. Can we apply for an IPO using the same demat account with a joint bank account or from different Bank accounts?
  138. How to select HNI as a category while applying online?
  139. Is it possible to Apply IPO using BHIM application?
  140. What is the time for After Market Orders (AMO) in Sharekhan and how to place it?
  141. How to apply for IPO online from a private limited or LLP Company demat account?
  142. Is third party ASBA allowed in IPO application?
  143. Is third party UPI accepted in IPO application?
  144. Does third party ASBA or UPI IPO application rejected or accepted?
  145. What is IPO oversubscription?
  146. What is the difference between HNI and NII in an IPO Application?
  147. What are the pros and cons of applying an NII quota?
  148. Is HNI allotment made from the NII category with a 15% reservation?
  149. How to apply for SME IPO?
  150. Can individual investors apply for SME IPO?

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How to apply for IPO online from a private limited or LLP Company demat account? (2024)

FAQs

How can I apply for IPO through demat account? ›

To invest in IPO shares, you must first open a Demat account as well as a trading account. Only Demat accounts are typically required to purchase shares in an IPO. However, if you wish to sell those IPO shares to a secondary market in the future, you will need to both open a Demat account and a trading account.

What is the best way to apply for an IPO? ›

You can apply for an IPO both online and offline. If you wish to apply for an IPO offline, you need to submit a form to your IPO banker or broker to initiate the process. On the other hand, when applying for an IPO online, you need to log in using the trading interface provided by your banker or broker.

How to apply ASBA IPO online? ›

What is the process to apply for an IPO through ASBA Online?
  1. Click on the link named "IPO Application" under Request on the left side menu.
  2. Select one of the IPOs you want to apply for and mention up to 3 bids.
  3. Enter your depository details.
  4. Place and confirm your Order.

How to apply IPO online through NSE? ›

Follow the steps mentioned below to apply for an IPO conveniently through a broker:
  1. Login to your online account with the broker. ...
  2. Locate the IPO tab and go to the current IPO section. ...
  3. Enter the lot size or the number of stocks you want to bid for. ...
  4. Type your UPI ID in the next step and hit the submit button.
May 4, 2023

Can I apply IPO without UPI? ›

Yes, you can apply for an IPO without UPI ID. A UPI ID is mandatory only if you use UPI payment mode. You do not need UPI ID, if you are applying for an IPO through ASBA services. You must have an account with a bank that offers ASBA.

Do I need a demat account for IPO? ›

Applying for an IPO without a demat account is certainly possible. In India, Application Supported by Blocked Amount or ASBA is the SEBI-mandated process for applying to an IPO. This doesn't require a demat account. After applying or offering for the IPO, the cash will be blocked in your investment account.

What documents do you need for an IPO? ›

The S-1 Registration Statement is the primary IPO filing document. It has two parts—the prospectus and the privately held filing information.1 The S-1 includes preliminary information about the expected date of the filing.2 It will be revised often throughout the pre-IPO process.

How much money do you need for an IPO? ›

Overall Cost: The overall cost of an IPO can range from $2.5 million to $10 million, depending on the size and complexity of the offering. This does not include ongoing costs of being a public company, such as legal and accounting fees, investor relations, and compliance costs.

Can anyone apply for IPO? ›

Investors must be above the age of 18 years to apply for an IPO in India. They must have a functional bank account and sufficient balance to purchase an IPO in India. An investor must have a Demat account with any DP (Depository Participant) registered under Indian stock depositories.

Can I apply IPO directly from bank account? ›

You can apply for shares offered in an IPO either by using your net banking account or by using your UPI ID. While the former involves the ASBA (Applications Supported by Blocked Amount) mode of applying, which is quite a time taking process, the latter uses your UPI ID to apply instantly.

Which banks support ASBA? ›

List of Self Certified Syndicate Banks under the ASBA facility
Sr. No.Name of the bankDetails of Branches
1Allahabad BankBranches
2Andhra BankBranches
3Axis Bank LtdBranches
4Bank of BarodaBranches
56 more rows

Can I apply for IPO without ASBA? ›

Once you apply, the amount of money for the number of shares for which you have applied will be blocked through the Application Supported by Blocked Amount (ASBA) process in your account. ASBA has been made mandatory for all IPO applications by SEBI.

What is the best time to apply for IPO? ›

What are the timings to place an IPO bid?
  • All trading days (Monday-Friday) between 10:00 a.m. and 5:00 p.m.
  • After a bid is placed, it has to be verified and submitted to the exchange within the order placement window timing. Only after this will you receive the mandate request to block funds.

Can I apply for IPO with Demat account balance? ›

Remember, having a trading account is not necessary in the case of IPOs, a demat account alone is sufficient. However, if you want to sell the shares on the listing then a trading account will be required.

Why UPI ID is required for IPO? ›

UPI ID is mandatory for IPO applications that use the UPI payment gateway. UPI ID is the investor's unique address that identifies the investor on the UPI platform and accordingly blocks the funds from their account once the UPI mandate is approved. If an investor applies through ASBA mode, UPI ID is not required.

Can I apply for IPO with demat account balance? ›

Remember, having a trading account is not necessary in the case of IPOs, a demat account alone is sufficient. However, if you want to sell the shares on the listing then a trading account will be required.

How many IPO can I apply from one demat account? ›

Though you can apply for up to 5 IPO applications, you cannot apply for more than one IPO application in one name. Banks like SBI, Axis, Bank of Baroda, IndusInd, and RBL offer 3rd Party IPO applications.

Can I buy IPO from Zerodha? ›

An IPO application can be submitted through Zerodha from Kite web or Kite app using any UPI application. Visit npci.org.in/what-we-do/ipo/live-partners to know the supported UPI apps. There are no charges to apply for an IPO through Zerodha.

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