An Initial Public offer (IPO) is the selling of securities to the public in the primary market. It is when an unlisted company makes either a fresh issue of securities or an offer for sale of its existing securities or both for the first time to the public. This paves way for listing and trading of the issuer’s securities. The sale of securities can be either through book building or through normal public issue.
Karvy also facilitate IPO applications for all its clients. You can apply for an IPO either online by visiting www.karvyonline.com or by filling up a physical form at any of our branches. Upon allotment, shares will be credited to your Demat account.
We facilitate Loan for applying in Primary Market Issues (IPOs & FPOs). With this product, Investors can apply for IPOs by investing only Margin amount (specified for each IPO separately).The facility is available for HNI as well as Retail clients to help in increasing chances of allotment.