Can NRI apply IPO online?

Zerodha (Trade with the best stock broker)

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.

Yes, NRI's can apply IPO online if the broker with whom they have an account offers an Online IPO facility.

Besides, NRIs are made not-eligible to participate in most IPOs by the issuer company due to extended compliance costs. An NRI should check the IPO Red Herring Document (RHP) for eligibility.


Add a public comment...