There are no closed mainboard IPOs at the moment
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!
The performance of closed mainboard IPOs can be analysed based on several factors like subscription numbers and price movement after the listing of the stock, among others. The subscription rate implies the investors' interest in the issue and the demand for the company’s shares during the IPO bidding. Further, the offer price and the minimum subscription requirement also indicate how well the past mainboard IPOs will be received in the market. The real test for an IPO starts when the stocks get listed on the bourses. If you are unsure about the fundamentals of any company launching its IPO it could be prudent to wait till listing and analyse its stock price movement, before investing.
After a mainboard IPO closes for bidding, the share allotment is finalised by the company in the next stage. Following the share allocation and transfer of shares to the Demat accounts of the allottees, the stock gets listed on the BSE and NSE on the scheduled date of listing. Soon after the listing, many investors choose to book profit, in case of a premium listing, and exit the stock. A high selloff soon after listing can affect the share price negatively. Analysts and investors monitor key performance metrics to understand the potential price trend of the stocks.
Step 1
Go to www.upstox.com/ipo or open the Upstox mobile app and select the IPO you wish to apply for from the 'Open IPO' section
Step 2
Click on apply, enter the lot size, price and provide your UPI mandate.
Step 3
Approve the UPI mandate on your UPI app and you are all set!