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Current IPOs are those IPOs that are presently available for subscription. An IPO is a company's method of listing on one or more stock markets and raising funds from investors. Once the IPO is listed, traders and investors can acquire shares on the open market. The IPO listing process consists of several phases, beginning with the appointment of a merchant banker and ending with the allocation of shares and refunding of funds. IPOs can be listed at either a premium (higher than the issue price) or a discount. Let’s check out the current IPO list
Check out the current IPOs that are available for subscription! Learn how to register a demat account with BlinkX and begin applying for these IPOs instantly.
Every firm, large or small, relies on one thing: finance. Almost every firm begins as a private enterprise, with a small group of individuals sponsoring the first activities. Similarly, investors expect to profit from their investment as the firm expands. They feel that the greatest moment to invest in a solid company is when it is initially listed on the stock market. As a result, when the company's profits increase, so does its share price.
To apply for current IPOs through BlinkX, follow these steps:
Access your BlinkX online demat account. If you haven't registered yet, you can do so by providing your email and phone number to create an account.
Locate the IPO tab within your BlinkX account dashboard and navigate to the current IPO section. Here, you'll find a list of ongoing IPOs. Select the IPO name you're interested in applying for.
Enter the lot size or the number of stocks you want to bid on, along with your desired bid price. For better chances of getting an IPO allocation, consider bidding at the cut-off or maximum price, especially towards the top end of the price range.
Provide your UPI ID during the bidding process and proceed to submit your bid. The exchange will require your authorization through your UPI app to approve the transaction.
Keep an eye on your UPI app for any mandate notices. Your application funds will be temporarily frozen until the IPO allotment date.
Before investing in an IPO, investors should consider various factors such as the company's business model, financial performance, industry prospects, competitive study, and the credibility of the management team.
Oversubscription occurs when the demand for shares in an IPO exceeds the number of shares available for allocation. In such cases, shares may be allotted proportionally to investors, or through a lottery system if demand significantly exceeds supply.
The price band of the IPO is often determined by the firm that wants to list itself and the lead managers, such as syndicate members or merchant bankers. Contrary to common misconception, SEBI does not influence determining the price band for an IPO.
IPO pricing is often determined by merchant bankers after considering the company's financial capabilities, business risks, valuation, and public perception. Deciding on a price is critical because if it is too high, investors may be uninterested in the IPO.
BlinkX provides a complete assessment of existing and forthcoming IPOs and announces the issue's open and closing dates on its website.
