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What happens after applying for IPO?

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What happens after applying for IPO?

On the third day after bidding for an IPO, the allotment of shares takes place. This process is also termed as the allotment date. The fourth day is concerned with the intimation of refunds. The most important day is the fifth day which is when your demat account is credited with the pertinent shares.

How do I make sure I get an IPO allotment?

Here are five simple tips to increase IPO allotment chances:

  1. No benefit for big application.
  2. Apply with multiple Demat Account.
  3. Always choose cut-off Price.
  4. Check subscription status.
  5. Avoid last moment rush.
  6. Avoid technical rejections.
  7. Buy parent or holding company shares.

What is the process of applying for IPO?

IPO Process Steps:

  1. Step 1: Hiring Of An Underwriter Or Investment Bank.
  2. Step 2: Registration For IPO.
  3. Step 3: Verification by SEBI:
  4. Step 4: Making An Application To The Stock Exchange.
  5. Step 5: Creating a Buzz By Roadshows.
  6. Step 6: Pricing of IPO.
  7. Step 7: Allotment of Shares.
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How to check MapmyIndia ipo allotment status?

Steps to check MapmyIndia IPO Allotment Status through Registrar’s website-

  1. Open the portal of Link Intime India Private Ltd Portal.
  2. Now select the IPO name from the dropdown menu.
  3. In the next section enter your PAN Number.
  4. Then click on submit and check your IPO Allotment status.

What is the best time to apply for IPO?

The bidding for IPO shares at the stock exchange is open from 10 AM to 5 PM when the IPO is open for the public. But most banks do not accept IPO bids on the last day till 5 PM.

Can I apply for IPO after 5 pm?

The bidding for IPO shares at the stock exchange is open from 10 AM to 5 PM when the IPO is open for the public. But most banks do not accept IPO bids on the last day till 5 PM. The IPO application closing time differs from bank to bank.

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How long does the IPO process take?

The IPO process is complex and the amount of time it takes depends on many factors. If the team managing the IPO is well organized, then it will typically take six to nine months for the company to complete its public debut.

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