How to Apply for IPO

Applying for an IPO requires a demat account and trading account. Step 1: Open demat and trading account with a broker. Step 2: Monitor IPO announcement and RHP publication. Step 3: Link bank account for funding. Step 4: Decide bid quantity and price after analyzing company fundamentals. Step 5: Place bid through broker's platform or app during subscription window (typically 3 days). Step 6: Funds are blocked until allotment. Step 7: Check allotment status on exchange websites 2-3 days after bidding closes. Step 8: Refund credited if not allotted. Step 9: Share credited to demat account after allotment listing. For retail investors, minimum lot size typically 1-2 lots. Bid can be placed at price band specified in RHP. Modifications allowed until bidding window closes.