IPO Apply Time

In India, due to the operating hours of the exchange's IPO Apply time being from 10 AM to 5 PM (Monday-Friday), the designated time frame for submitting applications for Initial Public Offerings (IPOs) remains unchanged except if any holiday comes. This time period is commonly referred to as "IPO Apply Time."

The profit-earning opportunity for investors is an exciting space for any investor to earn money in the share market. However, many of us miss out applying for IPO due to a lack of awareness of IPO application timing.

Any company desiring to go public offering some ownership to the retail investors has the motive to raise funds that can further be used for its growth and other corporate functions.

First of all, when a company applies for an IPO in SEBI, a red herring prospectus is formed. It includes the company’s financial records along with its fundamentals to inform investors of its sustainability and reliability.

After getting approval, the organizations reveal the IPO investment opening and closing dates; this is the time when the interested investors book their lots with the hope of getting the allotment.

Usually, any IPO is open for about 3 to 21 days, during which IPO bid times are placed by the retail investors or in general as we may say, by the public.

IPO Apply Time in India

Want to apply for IPO, then it becomes important for you to know the time at which you can fill out the application.

Yet some banks do not accept the payments of subscriptions till this time, so the IPO closing time is set around 5:00 pm.

To explain it further, we are aware of the general market open time, which is 9:15 am to 3:30 pm. However, this timing varies in the case of IPOs (primary market).

In the Indian Capital Market, there are usually three sessions as discussed below:

Pre-Market Session

This time starts at 9:00 a.m. and ends at 9:45 a.m. During this time, an investor can either place an order or modify it. They also get an option to cancel their orders. However, you’ll need to contact your broker to enable this service.

Next comes the Price discovery period.

Price Discovery Period

The price discovery session is where investors get to know about the listing price and accordingly know the listing gains. This is a 15-minute session starting from 9:45 AM to 10:00 AM.

This is the time when all the placed orders will be executed and thus the investors will grasp their profits which we call the listing gains.

Lastly,

Normal Trading Hours

As the name suggests, this is the general trading time which starts at 10:00 AM onwards. During this time obviously, the buying and selling of shares take place.

IPO Apply Time on the First day

The day on which the IPO becomes available for application is the day when there is a huge online traffic of investors.

This generally leads to the failure of the application.

Thus, you need to stay updated with the market timings at which IPO remains open for subscription.

Well as we talk about IPO time, any interested investor can apply for the lot between the opening and closing date. While the time for subscription starts at 10 am on the first day.

IPO Apply Time on Last Day

The end time for application varies from broker to broker. For many, The opening and closing time is 10:00 a.m. to 5:00 p.m. on the last day, while for others it is 4:00 p.m.

Not just that, many stockbrokers have 4:30 pm as their closing time of application.

Make sure you follow the time rule to subscribe for your chosen IPO and reap the opportunity to earn listing gains.

IPO Apply Time ASBA

While we are talking about IPO, it is worth noting the only method to apply for an IPO is through ASBA which is nothing but the Application Supported by Blocked Amount.

Here is the complete detail of the ASBA process:

• First login to your Demat account
• Go to the IPO section
• From the list of new or open IPOs, choose your favourite
• After checking the details such as IPO price, issue price, and OFS, click on the IPO to see the IPO application
• Enter the details to place your bids such as quantity, price, and most importantly valid UPI ID.
• Confirm your order and finally wait for the allotment date as announced by the company.

To apply for the IPO through this method, an investor needs to undergo the process of demat account opening using which he or she can place their bids between 10:00 am to 5:00 pm.

However, it is always recommended to apply for an IPO in the first half of the day to avoid any application rejections or technical glitches.

In this also comes the UPI transaction method. While applying for an IPO, UPI has proven to be the easiest and most secure way to make any transaction or payment.

Conclusion

So you see, timing is crucial if as an investor you wish to get the lot. It is always recommended to apply for the IPO within the first two days.

There are higher chances of network glitches in the last hours of the application and thus many of us may miss out on an opportunity to earn greater profits.

If you want to apply for IPOs, open a demat account today!

FAQ

Can we cancel IPO Application?

Yes, in most cases, you can cancel an IPO (Initial Public Offering) application before the IPO allotment process is completed. However, the specific procedures and deadlines for cancelling an IPO application may vary depending on the country and the stock exchange through which you applied for the IPO. It's essential to check with your stockbroker or the financial institution through which you submitted your IPO application for the exact steps and deadlines for cancellation. Typically, they will provide you with guidance on how to cancel the application if it's within the allowable timeframe.