Last updated on January 1st, 2026 at 05:43 pm
An IPO (Initial Public Offering) is the process of raising funds by which a private company offers its shares to the public to invest for the first time and gets listed on a stock exchange and in return they receive funds from investors which is used to fulfil various purpose as proposed by company.
What is purpose of an IPO?
- To raise capital for business expansion, debt repayment, or new projects.
- To provide liquidity to existing shareholders (founders, early investors).
- To increase brand value, visibility and credibility.
- To enable future fundraising opportunities.
What is the eligibility to apply for an IPO?
Before applying, you must have the following:
- PAN Card (mandatory)
- Demat Account (shares are credited here)
- Trading Account (usually linked to Demat)
- Bank Account linked with demat account
How to apply for an IPO?
STEP 1 : LOGIN TO YOUR TRADING APP / WEBSITE
Examples:
Zerodha (Kite)
Groww
Angel One
ICICI Direct
HDFC Securities
STEP-2: Go to IPO section: SELECT THE IPO YOU WANT TO APPLY FOR
Click on the IPO name → Click Apply
STEP-3: ENTER APPLICATION DETAILS
You will need to enter:
1. Number of lots
(Retail investors can apply up to ₹2,00,000)
2. Price option
Cut-off price (recommended for retail investors)
3. Your UPI ID
(linked to bank account)
STEP-4: SUBMIT APPLICATION
Click Submit / Apply
You will receive a UPI mandate request on your UPI app
STEP-5: APPROVE UPI MANDATE
- Open UPI app (Google Pay / PhonePe / Paytm)
- Approve the mandate
- Money will be blocked, not deducted
- ⚠️ If you don’t approve the mandate, your IPO application will be rejected.
STEP-6: IPO Allotment
- Shares are alloted basis lottery system.
- You can check your allotment status on Regsistrar website or click on the “Check Allotment status” on top of our every post at IPO Corner
- Once your allotment is successful, the shares will be credited to your demat account as per the date provided.
For more amazing blogs & information click here (IPO Corner).
