Preliminary Public presenting is also known as IPO. You can invest within the IPO of any organization. It's also known as the number one marketplace. There's a commonplace belief that it is essential to apply internet banking to apply online for an IPO. However, this notion is absolutely wrong.
You can also follow for an IPO through UPI. All brokerage companies offer this facility.
But, no matter the way you observe an IPO, it's far more essential to have a demat account. Allow us to now understand how you could bid in any IPO via the paytm Money app. Let's have a look at its whole technique.
Step-by-step procedure
Step 1: To start with, you have to download the paytm Money app from the Play Store.
Step 2: Now log in by entering the details asked for on this app.
Step 3: After logging in, you have to drop down or scroll down.
Step 4: As quickly as you return down, you will see the choice of IPO. You may see many IPO alternatives on the display screen. Those could be the ipos that are open at that point.
Step 5: You may pick out your favored IPO from the given choice. For this, you need to click on "Choose IPO.
Step 6—After this, primary statistics related to the company and IPO will appear in front of you.
Step 7: After this, you have to enter the UPI identification on the upload info alternative beneath.
Step 8—Finally, you'll see the price amount in the front of you you may make the payment by clicking on it.
What to hold in thoughts while investing in an IPO?
Whenever you observe making an investment in an IPO, examine the info related to the employer and the IPO carefully before that. Additionally, test the GMP (grey market rate) of the IPO. GMP keeps converting all the time. Preserve reading Jagran business for updates related to GMP.
Alongside this, take a look at whether the IPO is of the Mainboard category or SME. Ipos in the SME category are unstable. Only then is its investment amount also excessive.
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