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.

Who are QIBs in an IPO?

QIBs are large, professional investors such as mutual funds, foreign portfolio investors (FPI), insurance companies, banks & financial institutions, AIFs, pension funds etc. They invest large amounts backed by detailed research prior to the investment.