Why doesn't SAS Online offer IPO services?

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Online discount brokers like SAS Online operate on a low margin business model wherein they run their operation on minimum infrastructure and manpower. To offer an IPO, a broker needs to get a license by paying a fee. There's also additional manpower required in running the process. Brokers get a small commission on IPO applications submitted with them. This makes it infeasible for them to offer IPO services.

Not only SAS Online, many other online brokers like Fyers, Zerodha, and Upstox etc., don't offer IPO services.

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Topic: SAS Online Broker IPO Review

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Find more questions on this topic

I have an account with SAS Online. Can I apply for an IPO?
What is a lot in an IPO with SAS Online?
How do I sell the allocated IPO Shares with SAS Online?
Who can apply in SAS Online IPO's?
What are the charges to be paid to apply IPO online with SAS Online?
Can I apply in IPO's using SAS Online Mobile Trading App 'ALPHA Mobile'?
Does SAS Online offer IPO services to NRI customers?

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