Apply for IPOs
Apply online and invest in companies that will be listed on Indian exchanges through an IPO (Initial Public Offering) with your Bigul Account.
List of IPOs
| Company Name | IPO Type | Open Date | Close Date | Issue Size | Issue Price | Lot Size | |
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| Company Name | IPO Type | Issue Date | Issue Price | |
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| Company Name | IPO Type | Listing Date | Allotment Price | Listing Price | Listing Gain/Loss % | |
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FAQs
An Initial Public Offering or IPO is introduced when a company first issues common
stock or shares to the general public. It is the process by which a privately held
company becomes publicly traded by selling its stock for the first time. Through an
IPO, companies secure capital for future use from the investors to expand or improve
the business.
Applying for IPOs can be done online. Investors may submit an application via
bigul.co website or bigul mobile app and choose UPI as their payment method. Before
making the offer, log into the console and input the necessary UPI handle
information. All IPOs applications are supported by ASBA, or Application Supported
by Blocked Amount, which enables the bank to hold the money for the bid value until
the IPO.
The term "IPO size" or “IPO issue size” refers to the entire amount of money raised
through the IPO, which is calculated by multiplying the total number of shares on
offer with the Offer Price per share.
'Minimum Order Quantity' refers to the lowest number of shares investors can bid for
an IPO. Investors can bid in multiples of the IPO lot size to subscribe for shares
more than minimum Lot size. (Lot Size or bid lot).
IPO funding is a loan provided by NBFCs to private investors, high-net-worth
individuals, and business organisations to participate in initial public offerings.
The applicant pays only a small portion of the margin whereas the lender funds the
remaining amount required to apply for an IPO.
You must have a Demat account to apply for an IPO. Bigul offers Demat and trading
account openings and a simple way to apply for an IPO.
A Draft Red Herring Prospectus (DRHP) is mandatory for companies launching their
IPOs through the book-building process. It is a document containing information
about its business, including its promoters, financials, business risks, business
strengths, and competitive advantages. A DRHP is a must-read for investors willing
to apply for an IPO.
Yes, a PAN card is mandatory for applying for an IPO. Investors must cross-check the
PAN after filling out the form, as any error can lead to a cancellation of the
application.
According to Clause 8.8.1, a company can keep its IPO shares open for the public for
at least 3 working days to a maximum of 10 days
According to SEBI, an investor may submit a limit of five ASBA forms from a single
bank account for each issue.
A special pre-open session is a trading window before regular market hours that allows participants to place, modify, and cancel orders for specific types of securities. This session is designed to provide a more orderly process of price discovery for securities that are expected to experience significant changes or high volatility, such as IPOs on their first day of trading, re-listed securities, and stocks undergoing corporate restructuring with derivative contracts on their ex-date.
Know More
The special pre-open session is applicable to:
· IPO securities on their first day of trading, including SME IPOs.
· Re-listed securities on the first day of the recommencement of trading, as defined under SEBI circular SEBI/Cir/ISD/1/2010 dated September 2, 2010.
· Stocks that have derivative contracts on the expiration of trading following a corporate restructuring.
The schedule for the special pre-open session is as follows:
· Order Entry Period: 9:00 AM - 9:45 AM, with a system-driven random closure between the 44th and 45th minute. During this time, participants can enter, modify, and cancel orders.
· Order Matching and Trade Confirmation Period: 9:45 AM - 9:55 AM. This period starts immediately after the order collection period ends, focusing on opening price determination, order matching, and trade confirmation.
· Buffer Period: 9:55 AM - 10:00 AM. This time serves as a transition from the pre-open session to the normal market session.
Yes, during the Order Entry Period from 9:00 AM to 9:45 AM, participants can modify and cancel orders. However, after this period ends and the Order Matching and Trade Confirmation Period begins, orders cannot be modified or cancelled.
The opening price during the pre-open session is determined through a process of order matching, which starts immediately after the completion of the order collection period. This process aims to establish a fair opening price based on the orders received, ensuring an orderly price discovery mechanism for the securities involved.
The buffer period, from 9:55 AM to 10:00 AM, serves as a transition phase from the pre-open session to the normal market session. It helps in settling any last-minute adjustments and ensures a smooth transition to the regular trading session, minimising potential market disruptions.
