How Can An Investor Apply In An Ipo If He Has Demat Account With Icicidirect

To apply for an IPO through ICICI Direct, please follow these steps:

Old Website:

a. Log in to your ICICI Direct trading account.

b. Navigate to the IPO section on the website.

c. Select the IPO you wish to apply for from the list of open IPOs.

d. You can apply in either retail category or HNI category. Choose the category that align with your investment amount.

e. Select any one of the exchanges - NSE/BSE

f. Enter the bid details:

- Bid quantity (number of shares)

- Bid price (either at the cut-off price or a specific price within the price band)

- If bidding at multiple prices, use the Add Bid option to enter additional bids

- Review the bid details carefully and confirm your IPO application.

- Track the status of your IPO application under the IPO Order Book section.

New Website:

a. Login to your ICICI Direct account

b. On the left panel, click on IPO

c. Select the IPO you wish to apply for

d. You can apply in either retail category or HNI category. Choose the category that align with your investment amount.

e. Select any one of the exchanges - NSE/BSE

f. Enter the bid details

Please note: Your IPO Application bids may be routed to another exchange in case there are issues in forwarding the bids to your chosen exchange.

The IPO application amount will be blocked in your bank account linked to the trading account.

After allotment, the shares will be credited to your Demat account, and the blocked amount will be debited for the allotted shares.