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

1. 1. Can I invest in an IPO through CompositEdge platform?

   CompositEdge offers only limited services. For investing in an IPO, you will need a bank account of a bank that offers ASBA facility apart from CompositEdge Demat account.

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2. 2. Do I need to issue a cheque for IPO application at CompositEdge?

   No, you are not required to sign a cheque for IPO application. You can apply for an IPO through bank account net banking. Your money will remain in the account and doesn't debited till you get allotment. If you do not get allotment, your money remains in the account and debit doesn't happen.

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3. 3. Can I buy IPO shares online with CompositEdge?

   No, you cannot buy IPO shares online with CompositEdge. You can only use CompositEdge Demat account to get IPO shares credit. You have to apply in an IPO through your bank account.

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4. 4. How to sell IPO shares in CompositEdge Demat Account?

   When you get IPO shares in your Demat account, you can easily sell them out by placing a sell request through your trading account.

   Note: You can only place sell request after the IPO is listed in the stock exchange.

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5. 5. Do I have to pay any fee while applying in IPO through CompositEdge?

   No, you are not required to pay anything to apply in an IPO.

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6. 6. Does CompositEdge offer online IPO investment platform?

   No, CompositEdge is a discount broker and doesn't offer banking facilities. To apply in an IPO, you have to invest through net banking services offered by the bank where you have a bank account.

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