• SAMCO Review
• Brokerage
• Mobile App
• Account Opening
• Demat
• IPO
• Branches
• Trading Software
• NRI Account
• Mutual Fund
• Is it safe?
• API
• Complaints
• FAQs

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

SAMCO is an online stock broker. The Mumbai based broker is famous for its flat-rate trading plans. They charge fixed Rs 20 per trade irrespective of the trading segment or order size. For the simple flat rate of Rs 20, you could trade in Equity (Delivery, Intraday, F&O), Currency (F&O) and Commodity (F&O).

In addition to trading, SAMCO also offers depository services (demat account), margin funding for delivery and margin against shares.

SAMCO offers all trading software including a trading terminal, mobile trading app, and website based trading for free to all of the customers.

IPO or Initial Public offers in India are the first sell of shares to the public. Many companies use IPO to raise funds and get listed at the exchange. IPO's offers great opportunities for investors to buy newly listed companies at a reasonable price. Many retail investors also apply in IPO's for listing gain or for selling their applications in the grey market.

How to apply in IPO with SMACO?

SAMCO offer the demat account but it doesn't offer online IPO applications. SAMCO customer can apply in IPO's through their online bank account (net banking). Most banks including ICICI Bank, HDFC Bank, SBI Banks, Axis Bank, Kotak Mahindra etc. provide an option to invest in IPO's through their banking portal. The process of applying IPO's via bank account is simple.

Steps to apply in IPO through net banking:

1. Log in to your online banking account or Net Banking
2. Visit the section of Online Investments.
3. Visit 'Invest in IPO' section
4. Choose your bank account from which you would like to invest in IPO.
5. Confirm your customer detail for the IPO application.
6. Select the IPO
7. Provide information about your demat account with SAMCO and submit the form.

• Depository = CDSL
• DP ID = 12054200
• DP Account = 12345678
• DP Name = SAMCO

That's it. You are done. You will get a confirmation email once you IPO application is submitted to the exchange.

Frequently Asked Questions

Read more about SAMCO

• SAMCO Review - A Detail Analysis of SAMCO
• SAMCO Brokerage Charges, Fees, AMC, Transaction Charges
• SAMCO Securities Limited FAQs
• SAMCO Demat Account Review
• SAMCO Mobile App
• SAMCO Account Opening Process Review
• SAMCO Branch Offices / Sub Brokers / Franchise
• Apply in IPO through SAMCO
• SAMCO Trading Software Review
• SAMCO NRI Account Review
• SAMCO Mutual Fund Review
• Is SAMCO safe?
• SAMCO Complaints Analysis

• SAMCO Margin Funding - CashPlus, StockPlus & IntraPlus Explained
• Stock Basket by SAMCO Securities
• SAMCO Securities Options Trading Review

Information on this page was last updated on Saturday, June 6, 2020