Bonanza IPO Review (Apply Steps, UPI and Allotment Status)

4.81% 46,415 Clients

Established in 1994, Bonanza is a broking house and financial services provider in India. The broker offers a wide range of investment services provider. The portfolio offering of Bonanza consists of Equity Broking, Mutual Fund Investments, Online IPO Investment, Depository, and Advisory Services.

The company has affiliated with NSE, BSE, MCX, MCX-SX, NSDL and CDSL. Bonanza provides research-based services to all clients. Bonanza offers a single-window platform to trade in multiple asset classes across different stock exchanges. Customers can choose a desktop, mobile or browser-based trading applications as per their flexibility to start investing with the broker.

The company has over 1784 outlets across 560 cities in India.

Bonanza Online IPO Investment Platform

Bonanza allows its customers online IPO bidding facility. To start bidding in an IPO, you need to register with Bonanza and start investing in public issues. Bonanza also provides IPO Live updates on IPO opening, closing, bidding and listing information.

How to open Bonanza Online Account for IPO Bidding:

For an online IPO application, you will need a bank account. Bonanza has tie-up with the major banks for easy fund transfer. You can either open a new bank account or attach Bonanza Demat and trading account with the existing one.

  • Get the Application form for online IPO account opening from the nearest Bonanza branch
  • Fill out the form with the necessary information in the relevant brackets
  • Attach the necessary KYC documents along with the form
  • Submit the form with the broker to open an account

After opening an account successfully with the broker, start trading and investing in IPO with Bonanza online platform.

Bonanza Special Offer

AMC are waived off for the 1st year

Frequently Asked Questions

  1. 1. Can I invest in IPO at Bonanza online?

    Yes, Bonanza offers an online platform to bid for an IPO. To start investing with Bonanza, you just need to open an online account with the broker.


  2. 2. How can I sell my IPO shares through Bonanza?

    Just like you sell the other shares you can also sell IPO shares through Bonanza trading platforms. But, you can only sell the shares once they are credited in your Demat account.


  3. 3. Do I have to pay a fee for applying to an IPO?

    No, you don't require to pay any fee for investing in an IPO. You just need to provide your bank details while applying in an IPO. The investment amount is debited and shares are credited automatically when you get an IPO allotment.


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Information on this page was last updated on Tuesday, August 24, 2021


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