Dos For Investing In IPOs/FPOs

Posted on by Heeramb Parrit
  1. Read the Prospectus / Abridged Prospectus carefully, with special attention to :
    • Risk Factors
    • Background of promoters
    • Company History
    • Outstanding Litigations And Defaults
    • Financial Statements
    • Object Of The Issue
    • Instructions for Making An Application
  2. Use the ASBA Process for applying ( Under this the investor authorizes his bank to block in his bank account an amount equivalent to the application money. The money remains in the bank. Upon Finalization of the basis of allotment only the amount equivalent to the bank account and the rest is freed up )
  3. In case of non-receipt, within due period the credit to demat account/ refund of application money lodge a complaint with compliance officer of the issuer and with post issue lead manager.
Unknown's avatar

Published by Heeramb Parrit

Hey This is Heeramb Parrit. Professionally i am a stock broker and right now i decided just shared my knowledge with everyone who loves investing and trading.

Leave a comment