How to apply for an IPO in India, how allotment works for retail investors, what GMP does and does not tell you, and how listing gains are taxed, with plain-English reviews of IPOs as they open.
A plain guide to applying for an IPO in India through UPI or ASBA, how the allotment lottery works, what GMP really tells you, the T+3 listing timeline and how listing gains are taxed.
Aditya Sen
Author
India's biggest IPO closes today. QIBs bid 13.31x, retail just 1.67x. What that means for your allotment odds, the Reliance shareholder quota, GMP and the dates.
EAAA India Alternatives IPO opens October 26 at ₹1,585-1,665. Lot size, IPO check allotment date, listing day, what mutual funds bought and why GMP is not a promise.
Five mainboard IPOs open this week, from EAAA India to Bombay Coated. Before asking which IPO is best to buy today in India, check fresh issue vs OFS, lot cost and where the money goes.
The Bombay Coated and Special Steels IPO opens Oct 29 at ₹78 to ₹82, with a GMP of ₹9 (+11.0%). Here are the dates, lot size, financials, debt and what the money will be used for.
The MK Sons Fine Jewels IPO opens Oct 28 at ₹153 to ₹162. IPO GMP today is ₹8, about 4.94% over the top price. Here is the lot size, the dates, the numbers and what to check before you apply.
