1. How to place an order?
Under IPO module, go to respective IPO category ie Equity, NCD/Bond where you will get the list of all Bond/NCD and Book Building IPO available and open for application. Click on any open issue and you will be directed to the application page. Fill necessary details & select the payment mode to transaction the fund. For auto debit mandate, payment will be debited by NJ through respective banks. For net-banking & Debit card, client will be directed to payment gateway to transfer funds from their account.
2. Can I make multiple applications?
Yes, multiple application can be submitted.
In case of Book Building IPO's you can either submit your bid at "Cut-off" price or put maximum of 3 bids in single transaction.
Allotment for all application is at the descretion of the issuer. NJ role is only to process the application on Exchange & submitt the physical form along with cheque on behalf of its client to the bank.
3. What is the amount of money that I have to transfer if I make 3 bids in a Book Building IPO?
You will need to transfer the maximum value out of the 3 bids.
4. Can I cancel any order?
No, order once submitted cannot be cancled.
5. Can I modify my order?
No, order once submitted cannot be modified.
6. How can I make payment?
Payment can be made through Net-banking, registered Debit card or Auto debit mandate.
For Net banking, you need to have a bank account with either of our payment gateway bank i.e HDFC Bank, ICICI Bank, Axis Bank, SBI Bank, IDBI Bank, Yes Bank, J&K Bank, Karur Vysa Bank, SBT, SBM, SBH.
For Auto debit, you need to have bank mandate registered for bank account holders in HDFC Bank, ICICI Bank, Axis bank.
For Debit card, you need to have your bank account Visa debit card registered with us. For Visa debit card there is not restriction of Banks.
7. Do I need to pay any service fees for availing IPO Online Application system?
No. Currently, you need not pay any service fees. If any, in future, the same will be communicated.
8. Can I see my past orders/application placed?
Yes. You can see the archive of your past application under "IPO Report".
9. How will I be intimated about my application status?
You will receive your application status intimation on your email & sms stating the order status -- accepted / rejected. If accepted, application form number filled and exchange order number will be emailed to you. If rejected, reason for rejection will be informed.
You can also check the application status in IPO reports availabe in your Trading Account.
10. Who is eligible to apply for IPO's on NJ platform?
All trading customers who are Resident Indians and HUFs can only apply for IPO's through NJ IPO platform.
11. Will I have to give my details every time I apply for IPO?
No. You have to just choose the valid no of shares and price (for book-building) as which you wish to invest. Your contact and DP details are available with us. We will use this information while applying on your behalf.
12. What if I have more than one holder in my DP account?
Your application will be done in the same holding pattern as in your DP account.
13. How will you handle my request for IPO application?
Once you submit your request, NJ will process your request by filling up the application form, signing the form and drawing of a cheque on behalf of you. Bid data are uploaded on Exchange & your application will be submitted to the Registrar
14. What will be the allotment and refund process?
The Issuer Company would make allotment and refund directly to you. Refund will be initiated in bank account which is registered in your Demat Account.
15. Will the application submitted in ASBA or Non ASBA mode?
All the application submitted on NJ platform are Non-ASBA mode only.
16. What is the maximum amount for transaction?
Retail investor can transaction upto Rs. 2 lakhs only. Multiple application exceeding Rs. 2 lakh shall be rejected by the registrar of the issuer company.
17. After receving allotment of IPO, can I sell through NJ?
Yes, client Capital Market segment has be active for selling the share on Secondary Market.