How to Apply for IPO in Angel Broking
Suppose you have to travel from Mumbai to Goa with your dad for a fun trip. Now you know for your comfort he will check for the most suitable mode of transport considering the fare and route. Similarly applying for Initial Public Offerings becomes easier by choosing the trading app of the broker like Angel Broking. Know how to apply for an IPO in Angel Broking and subscribe at the earliest.
Angel Broking not only smoothens your application process but also helps you in doing the analysis by offering you the complete detail of the public offerings by providing you the best app for IPO.
Now here the most important requirement for IPO application is to have a demat account number and hence it becomes essential for you to first open Angel Broking demat account to use its trading platform.
Now open a demat account online without any hassle. Just fill in the details in the form below and open a Demat Account for FREE!
The broker registered with NSE and BSE offers you the simple process of filling the demat account opening form and apply for the upcoming IPO.
How to Apply for IPO in Angel Broking App
With the new and advanced Angel One features, you can apply for the IPO easily using its mobile trading app. Let’s take a dive into the process of how to use Demat account to fill the application.
- First, log in to your account
- You’ll be redirected to the interface as shown below.
- Click on “IPO” and you’ll see the list of upcoming IPOs and new IPOs, among which you may choose anyone as per your investment needs.
Now you see, after clicking on the IPO, you’ll see the details such as subscription status by which you can analyze whether the IPO is overly subscribed and whether you should invest in it or not.
You will also see the price band by which you can set your bid price for the lot.
- The next step is to click on “Apply for IPO”
- After which you’ll need to fill in the details as you can see. Given market lot size, you may mention how many lots you wish to apply for.
- Also do not forget to notice the minimum investment amount mentioned below the cut-off price.
- Moving on, enter your UPI Id and UPI type through which you’ll make your payment once the lot is allotted if you get lucky enough!
Finally, just click on invest and you’re good to go!
Upcoming IPO 2021 | |||||
Company | Issue Date | Issue Price | Price Band | IPO Review | Apply Now |
28 Oct, 2021 | ₹5351 Crore | ₹1120-₹1125 | Nykaa IPO | ||
TBA | TBA | TBA | Paytm IPO | ||
TBA | TBA | TBA | Policy Bazaar IPO | ||
TBA | TBA | TBA | LIC IPO |
Conclusion
You see how easy it is to apply for an IPO using the Angel Broking app. But you need to always make sure that you analyze the IPO’s return potential before investing in it. As not every IPO proves to be beneficial to the investors.
- Always check IPO details such as IPO price
- IPO objective
- Fundamentals of the company listing for IPO, and
- Your investment capital
Apply for the IPO by opening a demat account online for FREE!
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