How to apply for IPO (Initial Public Offering) Online

How to apply for IPO (Initial Public Offering) Online

ONLINE IPO APPLICATION  ||  APPLY ONLINE FOR IPO  \\ SHARE MARKET BEGINNERS 

PROCEDURE

FIRSTLY YOU NEED TO ADD YOUR DP (DEPOSITORY) ID TO YOUR ACCOUNT

                                      ADDING APPLICANT & DP

STEPS

  1. Go to Your Internet Banking console. For example, If you have savings account in SBI which is linked with your Demat account. Then go to SBI internet banking.   www.onlinesbi.com

2. Login with you username and password. You will go to HomePage of SBI internet banking.

THEN

3. Click “Profile” tab on top menu bar.

 

4. On new console you get different options, out of that choose “Manage IPO Applicant”

 

5. Now, you have to enter your ‘Profile Password’ which in NOT same as your ‘Login password’

 

6. After login, you have to submit your details like name, PAN number Depository and beneficiary DP id etc. You will get these things either from your Broker, if not, then by Login to your Demat account.

DP id is generally 16 digit number.

 

7. Submit the details. Go to next step. Enter OTP generated and keep forwarding…

FIRST STAGE OF ADDING A NEW APPLICANT AND ADDING DEPOSITORY COMPLETED.

SECOND STEP IS TO APPLY FOR IPO –

  1. Go to Your Internet Banking console. For example, If you have savings account in SBI which is linked with your Demat account. Then go to SBI internet banking.
  2. Login with you username and password. You will come to HomePage of SBI internet banking.
  3. Then click on “e services” on top menu bar. (shown in figure)

.

4. Check options available on left side. Click on “Demat & ASBA services”

 

5.  You will get different options on console. Check “IPO (Equity)” option.

.

6. Read the conditions carefully before “Accept”

 

7. Now, you will get the list of IPO’s that are open to apply.

.

8. Click your choice, here say “Godrej Agrovet Limited” IPO

9. Now check dropdown option. Individual and Employee. Select proper option. It means, If you are Godrej Company Employee then click Employee option else Individual. Most of the times, employees get shares in discount rates.

10. When you select one of the option, you will get all the details of the transaction and IPO listing like lot size, issue price etc.

 

11. YOU HAVE TO CLICK ON “SELECT REGISTED APPLICANTS” IN FRONT OF APPLICANT NAME.

12. SELECT REQUIRED OPTION AND SUBMIT. YOU WILL GET DETAILED PRINT OF THE TRANSACTION…

 

CONTACT latenightedition.in@gmail.com  FOR DETAILED SHARE MARKET RELATED GUIDANCE & TIPS

 

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