Mainboard IPO Dashboard

Company Name	Exchange	Open Date	Close Date	Lot Size	Issue Price	Application Amount	Recommendation
JNK India Limited	BSE, NSE	23/04/2024	25-04-2024	36 Shares	₹395 to ₹415	Min. Inv. - ₹ 14,940 (36 shares) Max. Inv. – ₹ 1,94,220 (468 shares)	Apply
Vodafone Idea Limited FPO	BSE, NSE	18/04/2024	22-04-2024	1298 Shares	₹10 to ₹11 per share	₹14,278	Avoid
Bharti Hexacom Limited	BSE, NSE	04/04/2024	05-04-2024	26 Shares	₹542 to ₹570 per share	Min. Inv. - ₹ 14,820 (26 shares) Max. Inv. – ₹ 1,92,660 (338 shares)	Avoid

FAQs on Mainboard IPO

What is Mainboard IPO?

The mainboard typically refers to the primary or main trading platform of a stock exchange where larger, more established companies with a significant market capitalization are listed. These companies often have to meet specific regulatory and financial requirements to be listed on the mainboard.

Why should one consider investing in Mainboard IPOs?

One should consider investing in the Mainboard IPO due to reasons such as the potential for capital appreciation, Access to established companies, it also provides liquidity.

What is the risk associated with Mainboard IPOs?

Mainboard IPOs carry certain risks along with them like Volatility, Lack of Historical Data, etc.

How can I access the financial health of a Mainboard IPO Candidate?

Prospectus review. Review the company's financial statements, including income statements, balance sheets, and cash flow statements. Pay attention to revenue growth, profitability, debt levels, and cash reserves.

How can I participate in a Mainboard IPO?

To participate in a Mainboard IPO, open a brokerage account with access to IPOs, and follow your broker’s instructions to submit an application for shares in the IPO when it’s announced.

What is the minimum investment required for a Mainboard IPO?

The minimum investment required for a Mainboard IPO can vary significantly depending on the specific IPO and the company’s policies. It's important to review the IPO prospectus and follow the guidelines provided by the company and your brokerage, as there is no fixed minimum investment that applies universally to all Mainboard IPOs

Are there any tax implications for investing in a mainboard IPO?

Yes, tax implications for Mainboard IPO investments may include capital gains tax on profits from selling shares and potential dividend tax on any dividends received from the company, depending on your country’s tax laws. Consult a tax advisor for specific guidance.

Where can I find information about upcoming Mainboard IPOs?

You can find information about upcoming Mainboard IPOs on stock exchange websites, Financial News Websites, Brokerage Platforms, IPO Newsletters, IPO Tracking Websites, Regulatory Fillings, and Financial Blogs and Forums.

Is it advisable to consult a financial advisor before investing in Mainboard IPOs?

Yes, it's highly advisable to seek advice from a qualified financial advisor who can assess your financial goals and risk tolerance and help you make informed investment decisions.

As a retail investor can one apply more than Rs 2 lakh in an IPO?

Yes, a retail individual investor can bid for more than Rs. 2 lakhs in an IPO by applying in the Non-Institutional Investor’s Category. There is no upper limit for bidding amount in the Non-Institutional Investors Category.

Can one revise or cancel an IPO application?

Yes, an investor can revise or cancel an IPO application through a revision form and give it to the syndicate member, or through their demat accounts.

What is the minimum and maximum investment one could do in the HNI category?

Any bid made by the Retail Investor in excess of Rs 2,00,000 is considered in the HNI category (Non-Institutional Investors category of IPO). Thus, the minimum investment amount for HNIs in an IPO is Rs 2,00,000 and the maximum investment amount is the maximum amount for the Non-Institutional Investors of the IPO.

How many days it usually takes to get an allotment of an IPO?

n Book Building Issue, IPO allotment is completed within 5 days of the IPO subscription closing date.

Is it possible for an individual to apply for both retail and HNI for an IPO?

No, an individual cannot apply for both the Retail and HNI category of an IPO.