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

Religare is a discount broker in India. It offers a wide range of services including Equity, Derivatives, ETF, Debt/Fixed Income, Currency, Commodity, ETF, Mutual Fund, IPO, and Insurance segments. The company offers two types of accounts for clients including Trading Account and Demat Account. It doesn't require any minimum balance to maintain the Demat account. You can even have a 0 balance in the account.

Religare offers advanced trading platforms, which are Religare Web Portal, Religare Dynami, and Religare DIET ODIN.

Initial Public Offerings of the shares allow getting the stocks of the company at a discounted or lowest possible price. Religare provides the latest news and analysis about the forthcoming and current IPOs for customers to make informed decisions.

Key Features of Religare IPO Investing:

• Allows investing in an IPO through offline application
• Start trading of IPO shares through instant trading account through the internet
• Get the latest information of current, and upcoming IPOs
• Do a smart analysis for informed investment decision
• Check the IPO listing date

Apply IPO with Religare

You are not required to issue a cheque while applying for an IPO offline with Religare. You just need to write the bank account number and sign the application form to allow your bank to make payment for IPO shares when you get allotment.

Here are the steps to apply for an IPO online:

• Log in to the internet banking account for applying in an IPO online
• Select investment option as IPO
• Choose the IPO name you want to invest
• Fill the form with DP ID, Bid Price, PAN Number, etc
• Submit the application

When you get allotment, your bank account will be debited automatically with money and Demat account is credited with shares. The IPO shares can be traded once the IPO is listed on the exchange.

Frequently Asked Questions

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Information on this page was last updated on Tuesday, October 1, 2019