Pre-applying for an IPO allows you to submit your application before the official subscription period begins. We will place your pre-applied order on the exchange on the bid start date. After that, you will receive a mandate request on your UPI app within 24 hours of the bidding start date.
Benefits of Pre-Applying
- Advance Submission: Investors can fill out application details and set their bidding price in advance, ensuring timely processing.
- Avoid Last-Minute Rush: Prevent last-minute rushes during the subscription period.
How It Works
- Limited Timeline: The option to pre-apply is usually available for a limited time, typically 2 days before the IPO subscription dates.
- UPI Mandate Approval: Once the IPO opens for subscription, a UPI mandate approval is required to confirm the application.