Confused abt. IPO, Please help !!!

#1
Hi to all,

I am confused with IPO.

1) Please tell me the difference between buying IPO and buying shares on the 1st day of listing.

2) I am using HDFC securities, how to apply for this IPO?

Thanks
 

Logik

Active Member
#2
@itsmejainh
which ipo ur talking about?

Buying IPO doesn't have any charges associated with it. (like brokerage & other taxes)
IPO is traded in primary market b4 listing. the offer is open normally for 3-5 days. the company gives a price range for u to bid. u decide ur price & bid accordingly. u can bid online or by filling forms. ur broker can help u more on this.

buying on listing day is normal way of buying shares. same as u can buy scrips old scripts like reliance infosys etc. Here brokerage & other taxes are applicable & u will get contract note for same from ur broker.
 

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