Tuesday, June 10, 2008
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IPO PROCEDURAL ASPECTS

IPO PROCEDURAL ASPECTS
You can find out about IPOs that are in the offing or underway from SEBI’s weekly press releases

Articles
 
Finding out about IPOs that are available
Hard copies of the draft offer documents can be obtained from SEBI’s office by paying a small fee or from the lead managers
Number of days for which IPOs are open
Public issues are kept open for at least 3 and not more than 10 working days.
Obtaining and submitting your form
The form for applying/bidding for IPO shares is available with all the issue managers
Revising bids in case of book built IPOs
If you wish to change or revise your bid, you can. To do this
Receiving allotment and refund
All public issues with a value in excess of Rs 10 crore are compulsorily in the demat mode
IPO listing
The equity shares allotted in the IPO are listed on the stock exchanges
Applying for an IPO online
You can also apply for shares in an IPO online, from the comforts of your home or office or anywhere
 
 
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