An initial public offering (IPO) is the procedure of releasing fresh shares of stock to the public for the first time of a private firm. Through an IPO, a company can obtain equity financing from the general public.

To hold an IPO, businesses must satisfy Securities and Exchange Commission (SEC) and exchange standards.

The company's founders and early investors can use an IPO as an exit option to realize the full return on their private investment.

How to Apply for IPO with Swastika

If you are eagerly waiting for the IPO and you want to invest in it, Swastika offers several benefits for the investors such as safety features, key conveniences and more. Below are the ways through which investors can apply for IPO with Swastika

The foremost step investors do is either they can log in to Swastika’s trading web portal Justrade web or they can download the app available on Android and IOS.

IPO APPLYING PROCESS

STEP I. MOBILE APPLICATION

  • Tap on three lines in the top left corner
  • Select IPO from the menu bar
  • Select IPO which you have to apply,
  • Tick on apply at cutoff , select lot size as per your requirement,
  • Click on proceed and select UPI ID
  • Fill your UPI ID ,Tick on terms and conditions
  • Click on review order.
  • After submit request client will get a Mandate request in his UPI mobile application
  • select their accept option or submit that.

STEP II. Through our website

  • For applying as Existing Client
  • Enter Client code or mobile no
  • Enter OTP and submit
  • Select IPO from the menu bar
  • Select IPO which you have to apply,
  • Tick on apply at cutoff , select lot size as per your requirement,
  • Click on proceed and select UPI ID
  • Fill your UPI ID ,Tick on terms and conditions
  • Click on review order.
  • After submit request client will get a Mandate request in his UPI mobile application
  • select their accept option or submit that.
  • After successfully logged in, investors are required to enter the lot size and desired price. Once done, click the submit button and you are ready to place the order.

2. Visit a Swastika’s Branch

If investors want to do transactions offline, they are suggested to visit the nearest Swastika’s branch. More than 1500 branches are available in the country.

Customers who visit Swastika’s branch should carry the necessary documents such as bank account details, Demat account information, PAN Number. Once the application process gets complete, customers are notified and after that, they can go for the other process.

To get a detailed insight into the latest IPO, visit Swastika’s nearest branch or simply search the Swastika branch near me on the internet. Contact us to learn more.