Help me out!!first ipo.

imb

New Member
#1
Hello, Everybody.
What is IPO?
How to buy an IPO?
Where to buy IPO?
What is its requirements?
Is there any qualification needed for it?
:confused::confused::confused:
 

rvm123

Active Member
#2
What is IPO? - It is Initial Public Offer. i.e., The company's initial issue of shares to the public.
How to buy an IPO? - When a company comes for public issue of shares, you can get the application for the same and apply. You have to apply for a certain minimum number of shares and pay at a required amount per share. If you are alloted the shares, it will be intimated to you or else the money paid will be refunded.
Where to buy IPO? - You have to apply in the specific form and handover alongwith cheque / DD to the designated bankers.
What is its requirements? - U require a PAN No. and Demat account.
Is there any qualification needed for it? - No qualification is required
 

imb

New Member
#3
Thanks Buddy!!
Something helped but Online demat account icicidirect or sharekhan is best.
I do have PAN card but not Demat account.
 
#4
Have you opted for an Demat account yet?

I am a newbie too. I have read that we need Bank account, Demat and Online Trading account to start trading. I already have an net banking account tagged with Axis Bank.

After some research and Googling, I have come to the conclusion that Sharekhan has both Demat and Online Trading Account. I have filled up a form at Sharekhan, but even my Axis Bank offers Demat Account.

I will have a Sharekhan representative call me up within 5 days, so we shall see how this turns out.

By the way, welcome to the forum. :)
 

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