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IPO Calendar
| Company | Status | Open Date | Close Date | Issue Size | Price Band |
|---|---|---|---|---|---|
| Open | 24 Mar 26 | 27 Mar 26 | ₹21.67 Cr | ₹114 - ₹120 | |
| Open | 24 Mar 26 | 27 Mar 26 | ₹408.79 Cr | ₹372 - ₹392 | |
| Open | 24 Mar 26 | 27 Mar 26 | ₹440.00 Cr | ₹201 - ₹212 | |
Powerica IPO
MB
|
Open | 24 Mar 26 | 27 Mar 26 | ₹1,100.00 Cr | ₹375 - ₹395 |
| Open | 23 Mar 26 | 25 Mar 26 | ₹60.55 Cr | ₹84 - ₹89 |
Frequently Asked Questions
What is an IPO?
An IPO (Initial Public Offering) is when a private company offers its shares to the public for the first time to raise capital. Once listed on the stock exchange, investors can buy and sell these shares from listed stock markets.
Who is eligible to apply for an IPO?
Any Indian resident with a valid PAN card, a Demat account, and an active bank account can apply. Non-Resident Indians (NRIs), Hindu Undivided Families (HUFs), partnerships, and companies can also participate in IPOs under different investor categories.
Can a minor apply for an IPO?
Yes, a minor can apply for an IPO, but the Demat account must be in the minor's name and operated by a parent or legal guardian. The bank account used for IPO applications should also be linked to the minor's PAN.
How can I apply for an IPO online?
You can apply through the ASBA (Application Supported by Blocked Amount) facility via your bank's net banking portal or through stockbrokers like Zerodha, Groww, and Upstox using UPI-based applications.
What is the deadline to apply for an IPO?
IPO applications are generally open for 3 to 5 working days. For retail investors applying through UPI, applications must be submitted and approve UPI mandate before 5 PM on the last day, while ASBA-based applications via banks may be closed slightly earlier.
Can I cancel my IPO application after submission?
Yes, you can cancel a Retail IPO application after bidding typically during the IPO subscription period ends. However, note that NII (Non-Institutional Investors) applications, which includes small and big HNI applications, and QIB (Qualified Institutional Buyers) applications cannot be cancelled once submitted.
Can one person submit multiple IPO applications for the same IPO?
No, you cannot submit multiple applications for an IPO using the same PAN, if done, both the applications will be rejected. However, you can apply through multiple Demat accounts in different family members' names to increase your chances of allotment.
Is it beneficial to apply for multiple lots from a single Demat account?
Not necessarily. In the retail and NII category of Mainboard IPO, allotment is done through a lottery system. If the IPO is oversubscribed, applying for a single lot or multiple lots has the same probability of getting allotted. However, in cases of low subscription, applying for more lots can result in a higher allotment.
What is Grey Market Premium (GMP) and how is it decided?
The Grey Market Premium (GMP) is the unofficial price at which an IPO trades in the grey market before listing. It indicates potential listing performance; a positive GMP suggests a profitable debut, while a negative GMP signals a possible discount on the listing day.
Where can I check my IPO allotment status?
You can check IPO allotment status on the registrar's website (Link Intime or KFintech) or stock exchanges (BSE/NSE) by entering your PAN or application number. Direct links to the allotment portal are available on IPO360's respective IPO pages.
When will I get a refund if shares are not allotted?
Refunds for unsuccessful IPO applications are processed within 2-3 days after allotment. If you applied via UPI, the blocked amount is released automatically. If you used ASBA, your bank will unblock the amount.
Can HUFs, partnerships, and companies invest in an IPO?
Yes, HUFs can apply in the retail or HNI category, while partnerships and companies can apply in the non-institutional investor (NII) category. These entities must have a Demat account in their name to participate in an IPO.
Which IPO category offers better chances of allotment?
In mainboard IPOs, both Retail and NII (SHNI & BHNI) categories follow a lottery-based allotment system. To maximize your chances of allotment and profitability, you can use IPO360's 'Allocate Funds Tool'. This tool helps determine the best investment mix based on available funds, Demat accounts, category-wise subscription levels, and Grey Market Premium (GMP).
How can I improve my chances of IPO allotment?
To increase your chances, apply from multiple Demat accounts of family members, bid at the upper price band, and ensure sufficient funds in your bank account. Avoid last-minute applications to prevent technical issues.
Should I apply at the upper or lower price band?
Applying at the upper price band increases your chances of allotment in an oversubscribed IPO, as most shares are allotted at the cut-off price.
How is the listing price of an IPO determined?
The listing price is based on factors like demand for shares during the IPO, market sentiment, financial performance of the company, and overall economic conditions.
When can I sell shares if allotted in an IPO?
You can sell your IPO shares on the listing day. The pre-opening session (9:00 AM - 9:45 AM) helps in price discovery. Actual trading starts at 10 AM. Sell orders will be executed in the pre-opening sessions only if the selling price is less than or equal to the discovered price.