IPOs 2026

How to Apply for Open IPOs

When an IPO is open for subscription, investors can apply through their trading account or banking platform. The subscription period typically lasts for 3 working days during which investors can submit their applications.

Steps to Apply for an IPO

1. Check the IPO details including price band, lot size, and minimum investment required
2. Review the company fundamentals, financials, and GMP (Grey Market Premium)
3. Log into your trading account or net banking platform
4. Navigate to the IPO section and select the IPO you want to apply for
5. Enter the number of lots and bid price (can be cut-off price for retail investors)
6. Ensure sufficient funds are available in your account for blocking
7. Submit your application before the issue closing date

Important Points to Remember

• Retail investors can apply for up to ₹2 lakhs worth of shares
• Applications above ₹2 lakhs are categorized as HNI (High Net Worth Individual)
• You can apply at cut-off price to accept any price in the band
• Funds are blocked during the subscription period and released after allotment
• Allotment is done through a lottery system if the issue is oversubscribed