FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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37.38% 6,079 Clients
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Raghunandan Money is among the fast-growing financial service providers in India. RMoney offers trading and investment products to its customers. RMoney is the member of BSE, NSE, MCX, NCDEX, and CDSL.
IPO or Initial Public Offering is a key offering by RMoney. IPOs allow customers to buy shares of newly listed companies in a very early stage. RMoney makes it easier for its customers to apply for an IPO by offering them IPO research and ratings.
RMoney facilitates its customers to apply in IPOs in three different ways:
All the above options are available to all its customers for free of charge.
RMoney offers online IPO applications in a few simple steps. It is a simple, safe, convenient, and quick process to apply for IPOs. Applying for an IPO via RMoney online is a completely paperless process.
Here are the steps you can follow to apply for an IPO online via RMoney:
IPO Application Through Website
You can apply for the IPO simply by visiting Raghunandan Money's website. Follow the steps mentioned below:
IPO Application Through RMoney Quick
You can also easily apply for an IPO through Raghunandan Money's Mobile Trading App RMoney Quick. You can download the app for free from Google PlayStore or Apple Store. To apply for an IPO via RMoney Quick
A least preferred option, but if you are interested in an offline IPO application, you could visit the nearest branch of Raghunandan Money and request for the IPO application form.
Note that you need to have a PAN Card Copy and the cheque required along with the filled application form
The customer can also call Raghunandan Money office to apply for IPO over the phone. You simply need to contact your nearby office or give a call to the customer care to apply for IPOs over the phone.
Once you submit the online IPO form, Raghunandan Money will complete all the formalities related to the submission of your IPO form, using the POA issued by you at the time of account opening.
IPO application with Raghunandan Money is free for all its customers having a Demat and Trading Account with the broker. The customer doesn't pay any fee, charges or taxes to apply for IPO shares.
The brokerage charged while selling the shares allocated through IPO depends on the brokerage plan selected by you.
If you have chosen Rs 9 per trade brokerage plan, the brokerage charged at the time of Equity delivery will be Rs 9.
If you have selected Rs 999 brokerage plan the brokerage charged will be 2.5% per trade subject to Rs 999 per month.
The customer has to pay a small tax charge along with the demat debit transaction charge.
While an IPO is open for bidding, you can place the order for IPO share anytime (24x7) by visiting RMoney Trading Website.
Yes, Raghunandan Money customer can place orders to buy and sell shares, apply in IPO, buy mutual funds, trade in Equity F&O over the phone using brokers Call & Trade service. This service is offered free of charge to all its customers.
Yes, you can withdraw an IPO Application while the IPO is still open (bidding is in progress).
No, IPO order has to be placed on its trading website.
Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Information on this page was last updated on Wednesday, March 6, 2024
Zerodha (Flat Rs 20 Per Trade)
Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
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