IPO
Why has the blocked amount not changed when the IPO bid was modified?
The blocked amount will remain unchanged if the updated mandate is not accepted after modifying the bid. Upon modifying the bid, a notification with the new mandate request is sent to the UPI app. To approve the mandate, click "Authorize," and the ...
How can an NRI apply for IPOs and rights issues?
NRIs can apply for IPO through UPI or net Banking ASBA (Applications Supported by Blocked Amounts). The bid amount must be paid in Indian rupees and freely convertible foreign exchange for the investment to be considered for allocation. Note: NRIs ...
Which apps or banks currently support IPO applications through UPI ASBA?
Users can check the list of apps and banks supporting UPI IPO applications by visiting the official website of the National Payments Corporation of India (NPCI). Please note that IPO bids can only be placed using UPI apps and handles of banks that ...
Can IPO bids be placed only through the UPI ID linked to the primary bank account at 5Paisa?
No, users can utilise any bank account linked to 5paisa to place an IPO bid. It is optional to use the primary bank account.
Are there any charges for applying for an IPO?
Applying for an IPO is generally free, but there could be some associated costs related to your Demat account or selling the shares later. What is ASBA? Applications Supported by Blocked Amount (ASBA) is a process developed by India's Stock Market ...
How does the allotment process work if the IPO is oversubscribed?
The allocation of shares to investor categories is reserved in every IPO. When an IPO receives more applications (bids) for shares than the total number of shares available, it's called an oversubscribed IPO. Here is how the allotment process ...
What does the cut-off price mean?
The cut-off price is the price at which a company sells its shares to investors. It's like the last price you offer to buy something at an auction. This price is crucial because it decides who gets the shares and at what cost. It helps the company ...
When will funds be unblocked if the IPO is not allotted?
Typically, funds for an Initial Public Offering (IPO) that were blocked but not allotted are unblocked by the depository participant within a few days after the allotment process is completed. In the case of 5paisa, the specific timeline for ...
What if my bank is not providing UPI service for public issues? Can I use third party UPI ID or a third party bank account for making payment?
If your bank doesn't offer UPI services for public issues, you can still utilize your bank account for blocking funds. Depending on the application phase (I, II, or III), apply with the respective SCSB or intermediary for fund blocking. Suppose your ...
Will the existing non-UPI channels for making application in public issues will be available for retail investors after introduction of UPI?
With the introduction of UPI, the focus has shifted toward digital payment methods. If you're not using UPI, other ways exist to apply for IPOs. You can use your bank's net banking ASBA service without needing UPI. This gives you more choices for ...
Up to what limit can I apply for a public issue in UPI?
As per SEBI regulations, retail investors can apply for public issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per application. This applies to both regular retail individual investors and investors in the High Net Worth Individual ...
Up to what limit can I apply for a public issue in UPI?
As per SEBI regulations, retail investors can apply for public issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per application. This applies to both regular retail individual investors and investors in the High Net Worth Individual ...
Are second/third/joint account holders in a bank account restrained from using the same account for payment in public issues?
According to the SEBI Circular, applications made by retail investors using third-party UPI ID or any category of investors using a third-party bank account are liable for rejection. However, there are no specific restrictions imposed by SEBI on the ...
Can I apply for multiple applications in the same IPO using the same UPI?
You can only submit one application for the same IPO using the same UPI. Multiple applications for the same IPO using the same UPI are not allowed. This means that investors cannot submit more than one application for the same IPO using the same UPI ...
Can I apply multiple applications in a single IPO with the same PAN through different routes?
Only one application per PAN is allowed in an IPO. Multiple applications with the same PAN will not be eligible for allotment. This means that investors cannot submit multiple applications for the same IPO using the same PAN number, regardless of the ...
How do I know that the block UPI request is not fraudulent?
To confirm that the block request is not fraudulent, follow these steps: · Check for Verified Merchant Tag: Look for the indication of a "Verified Merchant" tag when you receive the request on your UPI-enabled app. This tag signifies that the ...
What happens if I do not have sufficient balance in my bank account while accepting the IPO mandate / blocking request?
If your bank account lacks sufficient funds during the IPO mandate via UPI: 1. The transaction is declined automatically. 2. Your IPO application won't be submitted. 3. You can still apply using other funds. 4. No penalties or negative impact ...
What happens if I deregister from the UPI App after accepting the block request?
Deregistering won’t be available to remove from the UPI app altogether until you deal with your pending requests.
What if I do not want to proceed with the public issue application after submission with an intermediary? Can I withdraw my bid? If yes, how?
If you've placed a bid for a public issue application (like an IPO) through 5 Paisa and later decide you want to withdraw your bid, you can do so under certain conditions. Timing: You can withdraw your bid before the allotment process is completed. ...
What if I do not want to proceed with the public issue application after submission with an intermediary? Can I withdraw my bid? If yes, how?
If you've placed a bid for a public issue application (like an IPO) through 5 Paisa and later decide you want to withdraw your bid, you can do so under certain conditions. Timing: You can withdraw your bid before the allotment process is completed. ...
Are there any additional charges for transactions done using BHIM UPI?
There are no additional charges for individuals making personal transactions using BHIM UPI. Please get in touch with your respective bank for details of the charge, if any.
Are there any additional charges for transactions done using BHIM UPI?
There are no additional charges for individuals making personal transactions using BHIM UPI. Please get in touch with your respective bank for details of the charge, if any.
When will I get my refund if I don't receive the IPO's allotment on a listing day?
According to SEBI (Securities and Exchange Board of India) regulations, the company issuing the IPO (issuer company) is required to refund your money within four working days of the IPO closing date. Failure to do so may result in penalties and ...
When will I get my refund if I don't receive the IPO's allotment on a listing day?
According to SEBI (Securities and Exchange Board of India) regulations, the company issuing the IPO (issuer company) is required to refund your money within four working days of the IPO closing date. Failure to do so may result in penalties and ...
What is IPO subscription data, and where can it be found?
When a company goes public for the first time, the level of demand for shares & offer information is known as IPO subscription data. It includes details such as the number of times the IPO shares have been subscribed to, the subscription status for ...
Who can apply for an IPO using the UPI ASBA route?
· Eligibility: Individual investors with application values below ₹5 lakhs can utilize the UPI ASBA route for IPO applications. · HNI Classification: Applications falling between ₹2 lakhs to ₹5 lakhs are classified as HNI (High Net-worth ...
How do you withdraw or delete an IPO application?
Here are the steps to withdraw or delete an IPO application using the 5paisa Mobile App: · Go to the IPO Tab: Open the 5paisa mobile app and navigate to the IPO tab. · Select Past Bids Tab: Find and select the "Past Bids" tab within the IPO tab. This ...
Why is the amount blocked when I apply for an IPO?
· Temporary Block: Funds are temporarily blocked when you apply for an IPO to ensure you have enough money to buy the shares if your application is successful. · Commitment Assurance: This blocking is a standard practice to secure your commitment to ...
How do we modify the bids in the IPO application?
To modify IPO bids using the 5paisa Mobile App, follow these steps: Go to the IPO Tab: Open the 5paisa mobile app and navigate to the IPO tab. Select Past Bids Tab: Within the IPO tab, locate and select the "Past Bids" tab. This tab contains ...
Can a minor apply for an IPO?
It's important to note that in India, minors generally cannot directly participate in financial transactions such as IPO applications. Opening an account in the name of a minor may require specific procedures and documentation, which may not be ...
Can applications for SME IPOs be submitted through 5Paisa?
Yes, applications for SME (Small and Medium Enterprises) IPOs can be submitted through 5Paisa. 5Paisa provides a platform for investors to apply for SME IPOs, allowing them to participate in the IPO process and potentially invest in newly listed SME ...
How long does it take for IPOs to list on the exchange?
· According to a SEBI circular effective from December 1st, 2023, · All IPOs must be listed on exchanges within three days following the IPO closing date. · This timeline is known as T+3 days, where "T" represents the IPO closing date. This ...
How to apply for an IPO in the existing shareholder or employee category?
To apply for an IPO in the employee category using the 5paisa app, follow these steps: · Go to the IPO Tab: Open the 5paisa app and navigate to the IPO tab. · Select Live IPOs: Choose the option for live IPOs from the list available. · Click on Apply ...
Can an IPO be applied for in the HNI category?
· IPO applications ranging from ₹2 lakh to ₹5 lakh are considered under the HNI (High Net Worth Individual) category. · Applications up to ₹5 lakh can be placed using UPI (Unified Payments Interface). · For amounts above ₹5 lakh, investors should use ...
How do you pre-apply for an IPO?
To apply for an IPO on the 5paisa Mobile App: - Navigate to the IPO tab and select live IPOs. - Check for the "Pre Open" tag to pre-apply. - Click "Apply Now" and select your investor type. - Enter or adjust the Quantity and Price. - Verify your UPI ...
What is an SME IPO?
An SME IPO, or Small and Medium Enterprises Initial Public Offering, mirrors a standard IPO but is especially tailored for small and medium-sized enterprises (SMEs). SMEs typically possess smaller market capitalisation and revenue in comparison to ...
What is IPO?
An IPO, or Initial Public Offering, marks the transition of a private company to a publicly traded entity by issuing shares to the public for the first time. Here's an in-depth look at the IPO process: 1. Preparation: The company collaborates with ...
How do you apply for an IPO and stay informed of new ones?
To apply for IPO, follow the below steps on the 5paisa Mobile App 1. Access the IPO tab on the 5Paisa app to begin the IPO application process. 2. Select live IPOs from the available options to view currently open IPOs. 3. Click "Apply Now" to ...
What are the steps to modify or cancel an IPO bid?
To Modify IPO Bids: · Open the 5paisa Mobile App: Launch the 5paisa Mobile App on your smartphone or mobile device. · Navigate to the IPO Tab: Once the app is open, locate and tap on the "IPO" tab or option from the main menu. This will take you to ...
Can I place order for IPO if my account is dormant?
It's important to clarify that the ability to apply for an IPO while your account is marked as dormant may vary depending on the policies of your broker or financial institution. While some brokers may allow IPO applications from dormant accounts, ...
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