ICICI Direct, an ICICI Securities Ltd investment portal offers IPO's as a key product offering. With ICICIDirect.com, customers can apply in Initial Public Offers (IPO) and (Follow-on public offers) FPO at BSE & NSE.
Online IPO Application of ICICI Bank is the easiest, fastest and most convenient way to apply for IPO shares.
Below are few easy steps to apply in an IPO with ICICI:
Once you submit the online IPO form, ICICIdirect.com will complete the all the formalities related to submission of your IPO form, using the Power of Attorney issued by you at the time of account opening.
Apply IPO with ICICI Direct in 5 easy step. Follow the screenshots below:
As of Sept 2016, ICICI Bank doesn't offer online applications for SME IPO's (IPO's at BSE SME and NSE Emerge exchange).
ICICI Customer has to apply in SME IPO's by filling the paper IPO application forms.
Follow the below simple steps to check the status of you IPO application though ICICI:
ICICI Bank Online IPO Application is free for all its customers having 3-in-1 account. Customer do not pay any fee, charges or taxes to apply for IPO shares.
Note: Customer has to pay brokerage and taxes when they sell the shares allocated to them though IPO. The changes are same as you sell any shares bought directly from the stock market.
ICICIDirect is most expensive stock broker in India and there brokerage are highest in the industry. Discount stock brokers like ProStocks charges 60 to 90% less brokerage charge but they do not offer IPO as a product.
On allotment, the IPO shares are directly credited to your demat account and available for you to sell them on date of list at the respective exchanges.
You can check the IPO Allotment Status on ICICI direct website. Please follow the steps below:
Note: The IPO allotment status on ICICIDirect website is updated only after the shares are transferred to your demat account (usually a day before IPO shares listing). If you would like to check the allotment status earlier, please visit IPO registrar's website.
While an IPO is open for bidding, you can place the order for IPO share anytime (24x7) by visiting ICICIDirect website.
Yes, ICICI Direct customer can place orders to buy & sell shares, apply in IPO, buy mutual funds, trade in Equity F&O over the phone using ICICI Bank Call & Trade service. This service is offered free of charge to all its customers for up to 20 calls in a month. After that customer has to pay Rs 25 per call as Call & Trade fee.
Yes, you can withdrew an IPO Application while the IPO is still open (bidding is in progress). Simply Follow login to ICICI direct website, visit the IPO Order book for placing a withdrawal request.
After successful processing of your withdrawal request, the money will be unblocked in your bank account.
Information about ICICIDirect Initial Public Offer, ICICIDirect IPO, ICICIDirect Allotment Status, ICICIDirect Applciation Status, ICICIDirect ASBA, ICICIDirect Apply IPO andICICIDirect Demat.
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Rs 499 Unlimited Curror Rs 15 per Trade
Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty
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