What is an IPO?
IPO is a means for the company to get listed on the stock exchange, and allow its shares to be traded on the exchange. When a company offers its equity to the public for the first time, it is called "Initial Public Offering (IPO)". If the company offers its shares to the public, but not for the first time, then it is called a follow-on public offer (FPO).
How do I apply to an IPO?
One needs to collect the subscription form available at collection centres, syndicate members and bankers to the issue. After filling the form, it is to be submitted to the collection centres or the collecting bankers to the issue. Shares are allotted through bidding process and deposited in the demat account of the investor.
IIFL Offering
IIFL offers you a facility to apply to IPOs online through its proprietary trading software, Trader Terminal. This online facility brings the bidding process at your fingertips, enabling you to avoid the hassles of filling forms and thus, minimizing paperwork. IIFL also provides news and in-depth analysis of the upcoming IPOs, on the Trader Terminal as well as on its website, www.indiainfoline.com
Click here to access the Trader Terminal
