Applying for IPOs

I don’t have an ICICI Direct trading account and want to apply for IPOs from corporate/partnership accounts

In case you don’t have a trading account with ICICI Direct, you can apply for IPOs by logging in to ICICI Bank net banking portal/mobile app.

Here are the steps to apply for an IPO from a Corporate Account:

1. Login to your ICICI Bank account and navigate to the ‘Invest& Secure’ option on the left panel.

2. Choose ‘e-IPO’ request and select your bank account that is linked to your Demat account

3. You will be able to see the account details. Select the investment category based on the type of your account.

4. Click on submit to receive the OTP to your mobile number.

5. Enter the OTP and validate. Once validated, you will be redirected to ICICI Direct IPO page.

6. Select the IPO you wish to apply for from the list of open issues.

7. Go through the disclaimer and accept to proceed.

8. Corporate accounts can only apply with a bid amount of more than 2 lakhs (unless you are applying in shareholder category) and hence, HNI category (>2 lakhs) will be auto selected.

9. Select any one of the exchanges – NSE/BSE

10.Enter the bid details:

• Bid quantity (number of shares)
• Bid price (a specific price within the price band). If bidding at multiple prices, use the Add Bid option to enter additional bids

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

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

Please note:

• Orders once placed cannot be cancelled or revised to a lower bid amount. Upward

revision is allowed once your order status is executed