How can I apply for an IPO under the existing shareholder/ employee/ policy holder category?
- Shareholder Category- You must hold a certain number of shares in your demat account as on the date the Red Herring Prospectus (RHP)) is filed by the company with the Registrar of Companies (ROC).
- Employee Category- You must meet certain conditions laid out by the company.
- Policy Holder Category- You must be an existing policy holder.
Applying as an existing shareholder/ employee/ policy holder increases the odds of allotment as most applicants fall under the retail category.
IPO applications made via MyGeojit/ Whatsapp/ Telegram and net banking ASBA have the facility to apply under these categories. Ensure to select the correct one.
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