Question 1

Can I apply for every IPO?

Accepted Answer

You can apply to any open issue if you have a PAN, a demat account and funds available. Whether you should is a separate question, and it depends on the information disclosed by each company.

Question 2

Is IPO investment always profitable?

Accepted Answer

No. Shares can list below the issue price and can fall further afterwards. Past listing gains of other IPOs say nothing about a new one.

Question 3

What happens if I do not receive an allotment?

Accepted Answer

The amount blocked in your bank account is released, usually within one to two working days after allotment is finalised.

Question 4

What is the minimum amount required?

Accepted Answer

One lot at the upper price band. For mainboard issues this is usually between Rs 14,000 and Rs 16,000. SME issues often require more than Rs 1 lakh.

Question 5

Can I cancel my IPO application?

Accepted Answer

Retail investors can modify or cancel a bid until the issue closes, subject to the cut-off time set by their broker.

Question 6

What is UPI mandate approval?

Accepted Answer

A request sent to your UPI app asking permission to block the application amount. If it is not approved before the deadline, the application is rejected.

Question 7

What is oversubscription?

Accepted Answer

It means applications were received for more shares than are on offer. It reduces the chance of receiving an allotment.

Question 8

Is GMP official?

Accepted Answer

No. Grey market premium is unofficial and unregulated, comes from private dealers, and can change quickly. We show it only with a warning.

Question 9

Where does the IPO data come from?

Accepted Answer

Primarily from prospectuses filed with the regulator, exchange announcements and registrar notices. Each IPO page lists its sources and the last verified date.

Company	Offer dates	Price band	Lot size		Subscription	Status
Raksan Transformers Limited SME	10 Sept to 15 Sept Listing 18 Sept	₹258 to ₹273	400 shares	Not reported	Not reported	Closing
Veegaland Developers Limited Mainboard	10 Sept to 15 Sept Listing 18 Sept	₹130 to ₹140	107 shares	Not reported	Not reported	Closing
Om Galaxy Limited SME	10 Sept to 15 Sept Listing 18 Sept	₹85 to ₹90	1,600 shares	Not reported	Not reported	Closing
Maharaja & Speedex India Limited SME	10 Sept to 15 Sept Listing 18 Sept	₹177 to ₹186	600 shares	Not reported	Not reported	Closing
Manika Plastech Limited Mainboard	11 Sept to 16 Sept Listing 21 Sept	₹40 to ₹43	348 shares	Not reported	Not reported	Open
Injecto Polymers Limited SME	11 Sept to 16 Sept Listing 21 Sept	₹98 to ₹100	1,200 shares	Not reported	Not reported	Open
Century Business Media Limited SME	11 Sept to 16 Sept Listing 21 Sept	₹70 to ₹74	1,600 shares	Not reported	Not reported	Open
Shakti Polytarp Limited SME	15 Sept to 17 Sept Listing 22 Sept	₹56 to ₹59	2,000 shares	Not reported	Not reported	Open

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