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IPO (Initial Public Offering) IPO (Initial Public Offering)

How Can I Apply for an IPO?

You can apply for an IPO (Initial Public Offering) through Lakshmishree’s trading platform.
Are There Any Charges for Applying for an IPO?

No, Lakshmishree does not charge any fees for applying for an IPO. It is completely free for all investors.
How Do I Cancel or Delete an IPO Application?

If you want to cancel or delete your IPO application, follow these steps:
What Does the Cut-Off Price Mean?

The cut-off price is the final issue price at which shares are allotted to investors. It is determined after the IPO bidding process ends based on demand.
When Can IPO Orders Be Placed on Lakshmishree?

IPO orders can be placed between 10:00 AM on the opening day and 5 PM on the closing day.
Can I Apply for an IPO Under the HNI (High Net-Worth Individual) Category?

Yes, IPO applications of ₹2 lakh and above fall under the HNI (High Net-Worth Individual) category.
Is It Possible to Apply for an IPO Under Shareholder, Employee, and Retail Categories Through Lakshmishree?

Yes, investors can apply under multiple categories such as:
Can SME IPO Applications Be Submitted Through Lakshmishree?

Yes, Lakshmishree allows SME IPO applications for NSE Emerge platform.
What Happens After Placing a Bid for an IPO?

✔ The bid is submitted to the exchange, which then forwards it to the bank through NPCI
How do I modify bids in an IPO application?

Yes, IPO bids can be modified after placing an order. To do so, follow these steps: