How to Apply for an IPO

How to Apply for an IPO- 

Step 1- For IPO application investor should have Demat/trading account with financial service providers like Stock Brokers, Banks and financial institutions.

 Step 2- Investor need to login in his/her trading account and select the IPO in which he/she wish to invest.

Step 3- Investor need to transfer fund from bank to his/her trading account.

Step 4- select number of shares and bid price (price at which you want to Buy Stocks) then submit.

Step 5- If Investor gets the allotment, shares will be credited to his/her Demat account, if not then whole money will be credited to his/her bank account through ECS.