IPO Guide: Learn How IPOs Work
Clear, up-to-date explainers for Indian investors, from applying for your first IPO to checking allotment and paying tax on listing gains.
How to Apply for an IPO Online
UPI and ASBA, step by step: choosing lots, bidding at cut-off, approving the mandate and what happens after you apply.
7 min readWhat is IPO GMP (Grey Market Premium)?
What grey market premium means, how to turn it into an expected listing price, and why it should never be your only reason to apply.
6 min readHow to Check IPO Allotment Status
Three ways to check allotment by PAN, when results come out, and what "allotted" or "not allotted" means for your money.
5 min readHow IPO Allotment Works
Why most retail applicants miss out in hot IPOs, how the lottery works for each category, and what actually improves your odds.
7 min readSME IPO vs Mainboard IPO
Where each type lists, how much you need to apply, who regulates them and why SME IPOs carry extra risk.
6 min readTax on IPO Listing Gains
Short-term vs long-term capital gains, the current rates, a worked example and when IPO flipping becomes business income.
6 min readIPO Glossary
Plain-English meanings of the 35+ terms you meet in IPO documents, apps and news.
8 min read