Closed IPOs

Closed IPOs are initial public offerings in which a company has finished the process of going public and successfully issued and sold its shares to the public for the first time. The IPO process entails numerous regulatory procedures, financial disclosures, and market assessments to establish the offering price of the shares.

When the offering is completed and the shares are successfully sold, the IPOis deemed concluded. Closed IPOs allow investors to participate in early-stage firms and potentially benefit from their development and success.

Recently Closed IPO list

Here is the list of recently closed IPOs:

How to Check IPO Allotment in India?

Investors may monitor IPO allotment in India using a variety of easy approaches. Firstly, they can go to the registrar's website. To view the status, users must enter their PAN number or application number and check the allotment status of the IPO.

After that, the major stock exchanges, such as the BSE and NSE provide an IPO component on their websites where investors may input their application information to monitor the allotment status. Investors can also check their Demat accounts to determine if the allotted shares have been reflected. Once the allocation is complete, the shares will show up in the Demat account.

How to Apply for an IPO through BlinkX

Here is the following steps that you can follow to apply IPO online:

Step 1:

Log in to your BlinkX online Demat account. If you're not registered yet, sign up by providing your email and phone number to create an account.

Step 2:

Once logged in, go to the IPO section on your BlinkX account dashboard. Here, you'll find a list of ongoing IPOs. Choose the IPO you wish to apply for.

Step 3:

Specify the lot size or the number of shares you want to bid for and enter your preferred bid price. To increase your chances of getting an IPO allocation, consider bidding at the cut-off or maximum price, particularly towards the upper end of the price range.

Step 4:

During the bidding process, provide your UPI ID. Proceed to submit your bid. You'll need to authorise the transaction through your UPI app for the exchange to process it.

Step 5:

Monitor your UPI app for any mandate notices. Your application funds will be temporarily held until the IPO allotment date.

Closed IPO FAQs

An IPO closes, and shares cannot be invested until the company is listed on the market. Once listed, shares can be invested at the market price, which may differ from the first public offering and does not require a minimum investment amount.

After an IPO closes, the underwriters and company work on finalising the allocation of shares to investors who participated in the offering. They also set the final offer price and prepare for the stock to begin trading on the stock exchange.

Closed IPOs, including offering price, subscription details, and listing date, are typically available through financial news outlets, stock exchange websites, company announcements, brokerage platforms, and financial research websites for investors.

The opening price of an IPO on its listing date is determined by supply and demand dynamics. It may be influenced by factors such as investor sentiment, market conditions, and the perceived value of the company.
 

If an IPO is oversubscribed, meaning there is more demand for shares than available supply, the allocation of shares is typically prorated among investors. This means that investors may not receive the full number of shares they applied for.