IPO - Initial Public Offerings

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Invest in companies listing on the Indian exchanges with an IPO

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360°Information

Current IPO


Bidding Dates

22 Feb - 26 Feb'24

Price Range

177 - 186

Lot Size

80

Investment/Lot

14880

IPO Size

₹ 525.14 Cr

Upcoming IPO


Bidding Dates

28 Feb - 01 Mar'24

Price Range

98 - 100

Lot Size

150

IPO Size

₹ 2500 Cr


Bidding Dates

27 Feb - 29 Feb'24

Price Range

135 - 142

Lot Size

100

IPO Size

₹ 429 Cr


Bidding Dates

27 Feb - 29 Feb'24

Price Range

162 - 171

Lot Size

87

IPO Size

₹ 235.32 Cr


Bidding Dates

26 Feb - 28 Feb'24

Price Range

--

Lot Size

0

IPO Size

N/A


Bidding Dates

To be announced

Price Range

--

Lot Size

--

IPO Size

N/A


Bidding Dates

To be announced

Price Range

--

Lot Size

--

IPO Size

N/A

Recently Closed IPO


Tentative Listing Date

23 Feb'24

Price Range

342 - 360

Subscribed Times

IPO Size

₹ 1800 Cr

Recently Listed IPO


Listed On

20 Feb'24

Issue Price

151

Listed at

425

Premium

181.46%


Listed On

16 Feb'24

Issue Price

1258

Listed at

1245

Discount

-2.33%


Listed On

14 Feb'24

Issue Price

468

Listed at

430

Discount

-8.07%


Listed On

14 Feb'24

Issue Price

414

Listed at

396

Discount

-4.35%


Listed On

14 Feb'24

Issue Price

311

Listed at

339

Premium

9.16%


Listed On

12 Feb'24

Issue Price

155

Listed at

186

Premium

20.00%

Initial Public Offering (IPO) is the process where private companies sell their shares to the public. The IPO process is done to raise equity capital from the public investor. A private company becomes a public company through the IPO process. IPO in India creates an opportunity for small investors to earn potential returns on their investments.

Investing in an IPO can be a wise move only if you are a well-informed investor. As an investor, you should know that not every new IPO is a great opportunity. Benefits and risks go hand-in-hand in investing. Before you invest in an IPO, it is important to understand the IPO details.

In an Initial Public Offering, a private company or corporation sells a portion of its stake to an investor in order to become public. The purpose of an IPO is to infuse new equity capital into the firm, facilitate easy trading of existing assets, raise future capital or monetize stakeholder investments.

A prospectus describing the first sale of shares is available to institutional investors, high net worth individuals, and the public. A prospectus describes the upcoming IPO details. Once the IPO has been completed, the firm’s shares will be listed on the open market. A minimum free float is imposed on the shares by the stock exchange, both in absolute amount and as a percentage of the total share capital.

When a company decides to sell its shares on a stock exchange, it begins the IPO process. After that, an audit must be conducted, taking into account all aspects of the company’s financials. If everything is in order, the company has to prepare a registration statement and file it with SEBI (Securities and Exchange Board of India).

Following that, the stock exchange that the company wants to list on will review the application, and it will either be accepted or rejected. For IPO listing, the underwriter helps the company on how many shares to issue and at what price if it is approved. Underwriters are usually banks, and their job is to start a book building process to find investors to subscribe to the IPO. Shareholders will receive a prospectus containing information about the shares, where they’ll be listed and the potential opening price. As part of the IPO, non-private investors have the opportunity to purchase shares of the company in a primary market. Before, only institutional investors were able to participate fully in IPOs, while retail investors could only participate in the secondary market when shares were exchanged.

As an individual investor, you are required to fulfill basic eligibility criteria to apply for an IPO. They are as follows:

  • An investor needs to be an adult (18+years of age)
  • According to the laws of the country, investors should be capable of entering into a legal contract.
  • Investors are required to have a valid Demat account. If an investor sells their stocks on the listing, they would additionally need a trading account. Thus, it is advisable to open a trading account along with the demat account.
  • Any investor who is interested in IPO shares has to mandatorily hold a PAN card issued by the Income Tax department. A PAN card is a necessary proof of document to surpass the IPO eligibility criteria.

Kotak Securities offers a simple and quick way to apply for an IPO online. Below are a few steps to apply for an IPO in India:

Step 1: Visit the Kotak Securities website and log into your trading account.

Step 2: After logging in, click on the “invest” option and go to the IPO section.

Step 3: Select the IPO from the list and click the “buy” option. You can also check the upcoming IPO calendar.

Step 4: Set the bid price and lot. And place order option.

Step 5: Approve the mandate.

Step 6: In the IPO section, check the IPO status. If it shows “Processed”, it means your IPO application request has been processed successfully.

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Initial Public Offerings (IPO) FAQs

IPO listing is the process by which IPO shares are admitted to trading on a stock exchange. The shares of the company become available for public trading after they are listed on the stock exchange.

IPO lock-up periods are periods during which some early employees and investors cannot sell their shares after a company goes public. The lock-up period is usually between 90-180 days.

Raising funds is one of the main reasons for launching an IPO. A company may need funds for a variety of reasons, such as financing a new project, repaying a loan, or expanding the business.

You can place a buy order for IPO shares after 10 Am on the listing day. Following the IPO listing, shares can be bought and sold just like regular shares.

Investing in an IPO comes with significant risk due to the lack of historical performance data. In contrast to established public companies, IPOs lack this critical information about financial performance and market behavior.

There are no restrictions on who can apply for an IPO, The only prerequisite related to applying for IPOs is that you should hold a brokerage (Demat) account.

You can apply in IPO online either through ASBA (if you have a bank account with Kotak Securities/Bank) or you can apply through UPI facility.

The IPO issue needs to be open for at least three working days, but not more than ten working days.

The process of applying online for shares in an IPO is very simple:

Step 1: Select the IPO that you want to invest in & click on apply .

Step 2: Verify mobile number , fill the application form and provide your UPI ID

Step 3: Submit the application

Step 4: Approve the block funds request on the UPI app.

Yes, you can apply in IPO through Kotak Securities via UPI even if you don't have an account with us

Open Demat Account to Invest in any IPO
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