![icon-home-img]()
- Investment Products
- IPOs
Invest in latest IPO - 1 click, easy & convenient
Be an early bird and invest in companies, whether a promising start-up or an established business looking to raise fresh capital via Initial Public Offering. Search, evaluate, and invest in upcoming IPOs and get the first-mover advantage.
-
![]()
100% Paperless
1-click investing -
![]()
Easy investing
Supported by ASBA -
![]()
First mover advantage
Listing gain possibility
IPO Doc
About IPO
IPO is a process by which private companies go public for the first time and their shares are listed (open for buying and selling) in the stock market. IPO helps investors get the first mover advantage and also assists companies to assess their net worth in the primary market.
Benefits of IPO to Investors
-
![benefit-icon1-img]()
Opportunity to invest in new companies or startups, otherwise not accessible to general public
-
![benefit-icon2-img]()
Allows buying shares at a discount to the market price (post listing)
-
![benefit-icon3-img]()
Possibility of significant listing gains, especially in IPOs of high growth companies
-
![benefit-icon4-img]()
Absolute transparency with all critical information available in the draft red herring prospectus.
Who can invest in IPO?
While any individual can invest in IPO, there are three distinct categories of IPO investors:
-
![ipo-invest-icon]()
Institutional investors or Qualified institutional investors
Commercial banks, mutual fund houses, pension funds, foreign portfolio, trusts, etc. QII allotment is capped at 50% by SEBI.
-
![ipo-networth-icon]()
High networth investors
Non-Qualified institutional investors with net worth of more than ₹2 lakhs. Allotment for HNIs is capped at 15% of the overall subscription.
-
![ipo-retial-icon]()
Retail investors
Investors with net worth of less than ₹2 lakhs. Minimum allotment capped at 35%.
How to apply for IPO @ ![logo-mstock]()
-
1
Open
![logo-mstock-img]()
Demat Account -
2
Select the IPO you
want to invest in -
3
Add funds through
UPI and apply for the
IPO. It's this easy!
How to enhance chances of IPO allotment?
- Apply from multiple Demat accounts (PAN should be different)
- Bid at cut-off price
- Apply for multiple lots
- Apply for shares in the retail quota (value less than ₹2 lakh)
- Apply early
- Hold shares of the parent company and apply in the 'shareholder' category
Blogs
News
-
Sanathan Textiles IPO subscribed 45%
The initial public offer (IPO) of Sanathan Textiles received bids for 56,67,016 shares as against 1,26,22,950 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 December 2024). The issue was subscribed 0.45 times.
The issue opened for bidding on Thursday (19 December 2024), and it will close on Monday (23 December 2024). The price band of the IPO was fixed between Rs 305 and 321 per share. An investor can bid for a minimum of 46 equity shares and in multiples thereof.
The IPO consists of a fresh issue of Rs 400 crore and an offer for sale of Rs 150 crore by promoter and promoter group.
Out of the proceeds from the fresh issue, Rs 160crore will be used for repayment or prepayment of certain borrowings, Rs 140 crore towards investment in subsidiary Sanathan Polycot Private Limited for repayment or prepayment of certain borrowings and the balance towards general corporate purposes.
Ahead of the IPO, Sanathan Textiles on Wednesday, 18 December 2024, raised Rs 164.99 crore from anchor investors. The board allotted 51.40 lakh shares at Rs 321 each to 20 anchor investors.
Sanathan Textiles is engaged in manufacturer of polyester yarn and cotton yarn. The company's business is divided into three separate yarn business verticals, consisting of: polyester yarn products; cotton yarn products; and yarns for technical textiles and industrial uses. These technical textiles are used in various sectors such as automotive, healthcare, construction, sports and outdoor activities, and protective clothing.
As on September 30, 2024, STL had more than 3,200 active varieties of yarn products and more than 45,000 stock keeping units (SKUs), and capability to manufacture a diversified product portfolio of more than 14,000 varieties of yarn products and more than 190,000 SKUs that are used in various forms and for varied end uses.
On a consolidated basis, the firm registered consolidated net profit of Rs 50.07 crore and income from operations of Rs 781.13 crore for the three months ended on 30 June 2024.
Powered by Capital Market - Live News
-
Transrail Lighting IPO subscribed 2.07 times
The initial public offer (IPO) of Transrail Lighting received 2,87,61,926 bids for shares as against 1,39,16,742 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 December 2024). The issue was subscribed 2.07 times.
The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 410 to 432 per share. An investor can bid for a minimum of 34 equity shares and in multiples thereof.
The IPO comprises a fresh issue of equity shares worth Rs 40 crore and an offer for sale of up to 10,160,000 equity shares with a face value of Rs 2 each. The entire portion of OFS is by promoters, i.e., Ajanma Holdings.
Of the net proceeds from the fresh issue of equity shares, about Rs 250 crore will be used to meet the working capital requirement, Rs 90.725 crore for funding capital expenditure, and the balance for general corporate purposes.
Ahead of the IPO, Transrail Lighting on Wednesday, 18 December 2024, raised Rs 245.97 crore from anchor investors. The board allotted 56.93 lakh shares at Rs 432 each to 19 anchor investors.
Transrail Lighting (TLL), promoted by Digambar Chunnilal Bagde, is an Indian engineering, procurement, and construction ('EPC') company with a primary focus on power transmission and distribution business and integrated manufacturing facilities for lattice structures, conductors, and monopoles.
The company operates as an EPC service provider and as a supplier of engineered products in the power transmission and distribution segment. It has completed more than 200 projects in the power transmission and distribution vertical since its inception, along with comprehensive and extensive projects. It has a power T&D project execution footprint in 58 countries like Bangladesh, Kenya, Tanzania, Niger, Nigeria, Mali, Cameroon, Finland, Poland, Nicaragua, etc., including turnkey EPCs or supply projects.
The firm reported a consolidated net profit of Rs 51.74 crore and sales of Rs 915.78 crore for the three months ended on 30 June 2024.
Powered by Capital Market - Live News
-
Concord Enviro Systems IPO subscribed 59%
The initial public offer (IPO) of Concord Enviro Systems received bids for 29,79,585 shares as against 50,15,356 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 December 2024). The issue was subscribed 0.59 times.
The issue opened for bidding on Thursday (19 December 2024), and it will close on Monday (23 December 2024). The price band of the IPO was fixed between Rs 665 and 701 per share. An investor can bid for a minimum of 21 equity shares and in multiples thereof.
The IPO comprises a fresh issue of equity shares worth up to Rs 175 crore and an offer for sale up to 46,40,888 equity shares.
Of the net proceeds from the fresh issue of equity shares, about Rs 25 crore will be used towards investment in its wholly owned subsidiary (WoS), Concord Enviro FZE (CEF); Rs 10.51 crore towards investment in its WOS, Rochem Separation Systems (India) (RSSPL); Rs 3.07 crore towards funding capital expenditure requirements of the company for purchase of plant and machinery; Rs 50 crore towards investment in its WOS, Concord Enviro FZE for prepayment or repayment, in full or in part, of all or a portion of certain outstanding borrowings availed by Concord Enviro FZE
Further, Rs 20 crore will be utilized towards investment in its WOS, Concord Enviro FZE, for funding working capital requirements of Concord Enviro FZE; Rs 10 crore towards Investment in its joint venture, Roserve Enviro to grow its pay per use/pay as you treat business; Rs 23.5 crore towards investment in technology and other growth initiatives for access to new markets; and balance towards general corporate purposes.
Ahead of the IPO, Concord Enviro Systems on Wednesday, 18 December 2024, raised Rs 150.09 crore from anchor investors. The board allotted 21.41 lakh shares at Rs 701 each to 18 anchor investors.
Concord Enviro Systems (CESL) is a global provider of water and wastewater treatment and reuse solutions, including zero liquid discharge (ZLD) technology.
CESL have in-house capabilities to develop solutions across the entire value chain including designing, manufacturing, installation and commissioning, operation and maintenance (O&M) and digitalization solutions including Internet of Things (IoT).
On consolidated basis, the firm registered consolidated net profit of Rs 0.52 crore and income from operations of Rs 206.17 crore for the five months ended on 31 July 2024.
Powered by Capital Market - Live News
-
Mamata Machinery IPO subscribed 16.48 times
The initial public offer (IPO) of Mamata Machinery received 8,53,20,334 bids for shares as against 51,78,227 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 December 2024). The issue was subscribed 16.48 times.
The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 230 to 243 per share. An investor can bid for a minimum of 61 equity shares and in multiples thereof.
The offer consists of an offer for sale (OFS) of 73,82,340 equity shares of Rs 10 face value. The entire OFS is made of equity sales by promoters, members of promoter families, and group companies. The company will not receive any proceeds from the OFS.
Ahead of the IPO, Mamata Machinery on Wednesday, 18 December 2024, raised Rs 53.55 crore from anchor investors. The board allotted 22.04 lakh shares at Rs 243 each to 7 anchor investors.
Mamata Machinery is engaged in the manufacture and export of machinery that makes plastic bags and pouches, packaging machines, and extrusion equipment. It sells its machines under the brand names 'Vega' and Win.'.
The company offers end-to-end solutions for plastic film-based flexible packaging, providing services from concept to commissioning. Its product range includes side/bottom seal machines, universal wicketers, stand-up zipper/spout machines, side seal pouch makers, and a variety of attachments for value-added bags.
The firm reported a consolidated net profit of Rs 0.22 crore and sales of Rs 27.62 crore for the three months ended on 30 June 2024.
Powered by Capital Market - Live News
-
DAM Capital Advisors IPO subscribed 2.75 times
The initial public offer (IPO) of DAM Capital Advisors received bids for 5,71,69,722 shares as against 2,08,04,632 shares on offer, according to stock exchange data at 17:00 IST on Thursday (19 December 2024). The issue was subscribed 2.75 times.
The issue opened for bidding on 19 December 2024 and it will close on 23 December 2024. The price band of the IPO is fixed between Rs 269 and 283 per share. An investor can bid for a minimum of 53 equity shares and in multiples thereof.
The initial public offer (IPO) consists only of an offer for sale (OFS) of 2.96 crore equity shares. The promoter Dharmesh Anil Mehta has offered 30.989 lakh equity shares for sale in OFS. Among other selling shareholders, Multiples Alternate Asset Management has offered to sell 87.144 lakh equity shares, Narotam Satyanarayan Sekhsaria 70.424 lakh equity shares, RBL Bank 57.710 lakh equity shares and Easyaccess Financial Services 50.643 lakh equity shares.
The promoters shareholding in the company would decline to 41.5% post-IPO from 45.9% pre-IPO.
Ahead of the IPO, DAM Capital Advisors on Wednesday, 18 December 2024, raised Rs 251.48 crore from anchor investors. The board allotted 88.86 lakh shares at Rs 283 each to 33 anchor investors.
DAM Capital Advisors is a leading merchant banker providing a wide range of financial solutions in areas of (i) merchant banking comprising equity capital markets (ECM), mergers and acquisitions (M&A), private equity (PE), structured finance advisory, and (ii) institutional equities comprising broking and research. Merchant banks play a vital role in carrying out transactions that involve large institutions and huge funds.
The company commenced operations in the securities market in 1993 as S.S. Kantilal Ishwarlal Sharebrokers and Investors, which was acquired by IDFC in 2006 and became IDFC Securities. In 2019, IDFC Group divested its entire stake, which was acquired by Dharmesh Anil Mehta and other investors, and the name was changed to DAM Capital Advisors in July 2020.
The firm reported a consolidated net profit of Rs 43.78 crore and income from operations of Rs 107.75 crore for the six months ended on 30 June 2024.
Powered by Capital Market - Live News
Here's All you need to know about IPOs
An Initial Public Offering (IPO) is the process through which a private company offers its shares to the public for the first time. This process is referred to as "going public". It allows a company to raise money from the stock market by selling its shares (and proportionate ownership) to the new investors.
Through an IPO, companies can generate capital that can be used for expansion, paying off debt, or funding new projects. In return, the investors who buy the shares gain ownership in the company and can benefit from future profits. These benefits can be in the form of dividends or the appreciation of the price of the share that can be sold at a profit.
IPO meaning is important to know for both businesses and investors. While it provides companies with access to a larger pool of funds, it also allows the public to invest in businesses they believe will grow in value. For companies, IPOs also mean complying with stricter regulations and reporting standards as they become publicly listed entities. This process helps companies grow and expand while offering investors opportunities to participate in the company's future success.
An IPO (Initial Public Offering) is the process by which a private company offers its shares to the public for the first time. Here's how the IPO process works, step by step:
- Hiring Investment Banks: The first step in the IPO process is hiring investment banks (also known as underwriters) that will help the company through the complex journey of going public. These banks help the company with the preparation and filing of necessary documents.
- Regulatory Approval: The company must submit its IPO application to the regulatory body, which in India is the Securities and Exchange Board of India (SEBI). SEBI reviews the company's financials and approves the IPO based on compliance with regulations.
- Creating the Prospectus: Once SEBI gives the green light, the company prepares a prospectus, which includes detailed information about the company, its business model, financials, and how it plans to use the money raised from the IPO. This document is then shared with the public.
- Marketing the IPO: The company and its underwriters market the IPO to attract potential investors. This is done through roadshows, advertisements, and investor meetings to generate interest in buying the shares.
- Setting the IPO Price: The price at which the company's shares will be sold is determined next. It could be a fixed price or a price band within which investors can bid for shares. This is called price discovery.
- Share Allotment: Investors can apply for shares during the IPO's subscription period. Based on demand, the shares are then allotted to investors.
- Listing on the Stock Exchange: After the share allotment, the company gets listed on the stock exchange. The shares begin trading publicly, and the company officially becomes public.
The IPO process helps companies raise capital and allows investors to own a part of the company. However, being publicly listed also means adhering to stricter regulations and greater transparency.
The key benefits of IPO investment include:
- Early Investment Opportunity: When you invest in an IPO, you get the chance to buy shares of a company at their initial offering price than can appreciate once the shares start trading on the stock market.
- Potential for High Returns: Historically, many companies experience a rise in their stock price shortly after going public, benefiting their IPO investors.
- Access to Growing Companies: IPO investment allows you to invest in companies that are in the early stages of their journey that might have high growth potential.
- Market Visibility: Once a company goes public, it gains increased market visibility, which can result in greater liquidity for its shares making them easier to trade than shares of private companies.
- Diversification: Investing in IPOs allows you to add new companies and industries to your investment portfolio, helping you diversify your holdings and spread risk.
Here are some key points to consider before you apply for an IPO:
- Research the Company: Before making an IPO investment, thoroughly research the company's business model, financial health, and future growth potential. Read the company's prospectus, which provides detailed information about its operations, management, and risk factors.
- Understand the Industry: Look at the overall industry in which the company operates to understand growth prospects and prevalent challenges.
- Evaluate the IPO Price: Assess whether the price at which the shares are offered is reasonable. Compare it with the company's earnings and financial position. Sometimes, IPOs can be overpriced due to market hype.
- Review the Company's Financials: Analyse the company's revenue, profits, and debt. Healthy financials usually indicate a stable business. Avoid IPO investment in companies with weak or inconsistent financial performance.
- Risk Factors: Every company outlines the risks involved in its business within the prospectus. It's important to carefully review these risks and decide if you're comfortable investing.
- Lock-in Period: Many IPOs come with a lock-in period for certain types of shares. Check if you can sell your shares immediately after listing or if there are restrictions.
- Market Conditions: The state of the overall market can affect the success of an IPO. In bullish markets, IPO investments may perform well, but in bearish conditions, the returns may not be as favourable.
- Company's Use of Funds: Understand how the company plans to use the funds raised from the IPO. Whether it's for expansion, reducing debt, or other activities, it's important to see if the company has a sound plan.
Investing in an IPO online is quite simple. Here's the step-by-step IPO process:
- Open a Demat and Trading Account: To start the IPO investment process, you need a Demat and trading account with a SEBI-registered broker, such as m.Stock that offers a seamless and secure online platform for IPO applications.
- Check IPO Eligibility: You must:
Be an Indian resident with a PAN card.
Have a valid bank account and Demat account.
Ensure you have sufficient funds in your linked bank account.Ensure you have sufficient funds in your linked bank account. - Log in to the Trading Platform: Log in to your broker's trading platform and navigate to the IPO section. Top platforms like m.Stock give a detailed description of all ongoing and upcoming IPOs so that you can make an informed decision.
- Select the IPO: Do thorough research, evaluate the company's prospectus, and choose the IPO you wish to apply for from the list of active IPOs.
- Enter Bid Details: Select the number of shares (or lots) you wish to bid for.
- Complete the Payment: Once you submit your application, the required amount is blocked via ASBA (Application Supported by Blocked Amount) until the shares are allotted.
- Wait for Allotment: After the IPO closes, the shares are allotted and transferred to your demat account. In case of non-allotment, the blocked amount is released back to your bank account.
Yes, SEBI (Securities and Exchange Board of India) laws mandate each applicant to own a trading and Demat account while applying for an IPO.
Here's how you can check the IPO allotment status online:
- Registrar's Website: The company's registrar is responsible for managing the IPO allotment. You can visit the registrar's website and check the IPO status by entering your PAN number, application number, or Demat account number.
- Stock Exchange Website: You can also check the IPO allotment status on the websites of stock exchanges like BSE or NSE.
Visit the BSE or NSE website.
Go to the IPO section.
Select the IPO you applied for.
Enter your PAN number or application number to see if the shares were allotted. - Central Depositories: India's central depositories like NSDL and CDSL, and stock exchanges like the NSE and the BSE send regular alerts on your registered email, and as SMS on your registered mobile informing number keeping you informed regarding the allotment status.
- Broker's Platform: Some brokers, like m.Stock, provide an option to check the IPO status directly through their online platforms. Log in to your trading account, navigate to the IPO section, and check the allotment status.
Documents Required to Check IPO Allotment Status:
PAN Number: This is essential for tracking your application.
Application Number: The number assigned when you apply for the IPO.
Demat Account Number: Sometimes required when checking on the registrar's website or broker platform.
If you do not receive an IPO allotment, the blocked amount in your bank account will be released back to you. The refund process is typically done within 2-5 working days after the allotment date. The funds are released automatically through the ASBA (Application Supported by Blocked Amount) system.
Once the amount is unblocked, it is returned to your bank account, and you will also receive an email and SMS confirmation for the same. To check if you have received an allotment, you can monitor your IPO status online through the registrar's website, stock exchange platform, or broker's site.
The IPO subscription period is the specific time frame during which investors can apply to buy shares of a company going public. Typically, the IPO period lasts for 3 to 5 working days.
The subscription window usually opens at 10:00 AM on the first day and closes at 5:00 PM on the last day. During this time, both retail and institutional investors can submit their applications for the IPO shares.
Once the IPO subscription period ends, no further applications are accepted, and the company processes the allotment based on demand. Investors can check the allotment status after this period closes.
A company launches an Initial Public Offering (IPO) to raise capital by offering shares to the public for the first time. Through an IPO launch, the company sells a portion of its ownership to investors, generating significant funds. These funds can be used for various purposes such as expanding operations, paying off debts, investing in new projects, or improving infrastructure.
IPOs also enhance the company's visibility and credibility in the market. By becoming publicly listed, the company gains access to a larger pool of investors and future funding opportunities. Additionally, an IPO allows early investors and shareholders, including founders and employees, to sell some of their shares, providing liquidity.
Overall, launching an IPO helps companies achieve growth while allowing the public to invest in their success.
To stay updated on upcoming IPOs, you can use several sources, including dedicated sections on financial websites and brokerage platforms like m.Stock.
- m.Stock Platform: m.Stock offers a user-friendly section dedicated to upcoming IPOs. Here's how you can check for the latest IPOs:
Log In: Access your m.Stock account using your credentials.
Navigate to IPO Section: Go to the "IPO" tab on the homepage or main menu.
View Upcoming IPOs: The section will display a list of upcoming IPOs, including details such as the issue date, price band, and the company name.
The best part is, m.Stock also allows you invest in latest IPOs easily and conveniently using a single click. - Stock Exchange Websites: Websites like BSE and NSE also provide information on upcoming IPOs. you can check their IPO sections for the latest updates.
- Financial News Websites: Online financial platforms and news websites often have dedicated sections for latest IPOs and announcements.
- Brokerage Alerts: Many brokers send notifications or emails about upcoming IPOs, which you can subscribe to.
By regularly checking these sources, you can stay informed about new IPOs and make timely investment decisions.
When a company launches its IPO in share market, it divides the total shares it intends to offer to the public. In the case of IPO stocks, investors may not purchase any quantity of shares, unlike regular stock trading. They must instead purchase the shares in lots. The company fixes the maximum and minimum lot size before launching the IPO. This is known as market lot size or IPO bid lot. For instance, let's say the company sets a lot size of 10 shares for each lot. The minimum lot you can purchase is 1, and the maximum you can purchase is 10. This essentially means that if you buy 1 lot, the minimum number of shares you can get is 10, and you cannot buy more than 10 lots or 100 IPO shares. Thus, if you wish to buy 75 shares, you cannot do so. You must choose to buy 7 or 8 lots, i.e., 70 or 80 shares, whichever is the closest to the multiple of 10, which makes up 1 lot.
The minimum number of shares that an investor needs to apply for is referred to as the market lot size. Investors can bid for multiple lots (with a maximum cap decided by the company).
Book Building is defined as the process through which an underwriter - typically an investment bank, attempts to determine the IPO offering price. It is also known as the process of price discovery, which enables underwriters to understand the demand for shares of the company before arriving at an issue price. The underwriter essentially builds a book by inviting various institutional investors like fund managers and others to submit their bids for the number of shares they would be willing to purchase and share prices they would be willing to pay if they purchased the company's shares on a public platform. Book building is thus the de facto mechanism by which companies price their IPO in share market. All major stock exchanges worldwide recommend book building as the most efficient method to price securities.
Let's say the IPO offered 10,000 shares to the public and received a total bid for exactly 10,000 shares. In this case, the IPO allocation is simple and each investor gets the lot of shares they had bid for. However, the IPO allotment process is different when an IPO is oversubscribed. Oversubscription occurs when the demand for shares exceeds the number of shares available. For example, 10,000 shares were on offer but 20,000 bids were received. This basis of allotment is determined by the company's registrar after the IPO launch and finalisation of the subscription data.
The IPO Allotment procedure covers important details, such as:
- Category-wise Allocation: It explains how shares are distributed across different investor categories like retail, institutional, and non-institutional investors.
- Allotment Ratios: It details the ratio of applicants to shares allotted. For example, 1 out of 5 applicants may receive shares if the IPO is oversubscribed.
- IPO Price: The final issue price of the shares, which may differ from the price band initially announced.
- IPO Allocation Status: Information on how many shares were allocated to each investor, depending on the category and demand.
The IPO allotment process is a fair, transparent, and regulated approach to distributing shares during an IPO. The registrar publishes the Basis of Allotment on their website a few days after the issue closes. Investors can use this document to check whether they received an allotment based on their application size and demand.
The abbreviation DP in the investment market denotes a Depository Participant. There are two major depositories in India - the National Securities Depository Limited (NSDL) and the Central Depository Services Limited or the CDSL. Both depositories have their own network of depository participants that serve as a link between them and the securities issuing companies. Essentially, a DP is simply a financial institution such as a brokerage house (like Mirae Asset) or Bank registered with the SEBI. Anyone interested in investing in market securities, including IPOs, must open a Demat and trading account with a DP and specify the DP ID on the Initial Public Offering application form.
Yes, Share "Buyback" i.e., repurchase of shares by the issuing company itself and "Tender offer / Delisting" is available on m.Stock platforms.
Retail Individual Investors (RIIs) in an IPO are individual investors or Hindu Undivided Family (HUF) who apply for shares up to a maximum investment of ₹ 2 lakh. Unlike other types of investors, retail investors typically invest smaller amounts and are eligible for a specific quota in the IPO allotment process.
Benefits for Retail Investors in IPO Investment:
- Dedicated Quota: 35% of the total shares are reserved for retail investors, increasing their chances of getting an allotment. However, this is valid for companies that have shown profits for the previous 3 consecutive years. If not, then the quota is set at 10%.
- Cut-off Price Option: Retail investors can apply at the cut-off price which allows them to bid without specifying a price.
- Discounts: Some IPOs may offer discounted prices for retail investors, making it more attractive to invest in an IPO.
The IPO price band refers to the range of prices within which investors can place bids for shares during an IPO. It consists of a floor price (minimum bid price) and a cap price (maximum bid price). Investors can choose to bid at any price within this range. Importance of the Price Band:
- It provides flexibility to investors in deciding how much they are willing to pay.
- The final issue price is determined based on the demand and bids placed within the price band.
- It helps balance demand and supply, ensuring a fair and efficient allocation process.
The IPO price band is calculated based on several factors, such as the company's valuation, growth potential, market conditions, and input from underwriters. This helps companies ensure they raise adequate capital while attracting a wide range of investors
DRHPs are available online on SEBI's website: https://www.sebi.gov.in/index.html
Power your investments with our smart trading platforms
For a powerful, stable and secure experience,
download m.Stock App & set up your lifetime Zero brokerage account @ one-time fee of ₹999
-
Scan QR code to download
- OR
-
Enter number to get app link
+91
