Start bidding in IPOs with PriMarket
✔️ Be the first one to invest in IPOs
✔️ Start investing in IPOs as soon as they are released
✔️ Get prior news and updates about all the upcoming IPOs
Why invest in IPOs?
Enter the market first
Investing in an IPO allows you to benefit from the high-growth potential of a company
Fulfill long-term goals
IPO investments are equity investments. They can reap major benefits for you in the long term.
High liquidity
With a public stock in your portfolio, you can sell it anytime to realize your gains without having to wait around for repurchase of this stock.
Our IPO bidding platform
An intuitive IPO bidding app. Built for your convenience.
Easy and convenient onboarding
Paperless onboarding with a simple KYC process to get you started
A secure IPO bidding platform
Start investing in your favorite IPOs with investments up to ₹5,00,000
A personalized and detailed IPO timeline
Find all the current and upcoming IPO details in your dashboard
A simple IPO platform you can easily get used to
Skip all the hassles and the complications to apply for an IPO
IPOs tailored to your goals...
Buy into IPOs, instantly
Buy/sell into IPOs as soon as they are released. Enjoy investing in IPOs you find suitable for yourself right away
Everything at one place
PriMarket allows you to apply to all types of issues, IPOs, Buyback, Takeover and Delisting
We help you invest in what you love
Easiest account opening
Opening an account at MoneyIsle is paperless, easy, and aimed at your convenience. Who doesn't like that?
Easy (and free) IPO application through UPI
Start investing in all your favorite IPOs directly with your UPI ID for free of cost
An intimate community experience
Served with multiple resources including blogs, weekly newsletters, webinars and multiple resourceful strategies
All your investments at one place
Integrated to our trading platform GraphUp, you can access PriMarket across mobile and desktop screens
- Real-time Tracking – We allow you to keep a track of all your investments from a single app
- In Sync – You can keep investing while we sync your data through all devices you use
Frequently Asked Questions
Initial Public Offering (or an IPO) is the method of issuing stocks by a corporation for the first time to bid on by the public. The goal could be to offer equity, which ultimately makes the IPO bidders as the equity holders.
An IPO subscription period is the time frame during which investors can purchase the shares of a security of an IPO.
Applying for an IPO is a simple and easy process. Any individual over the age of 18 who has a PAN card and a Demat account can apply for an IPO at MoneyIsle.
- Visit ‘PriMarket’ platform.
- From the list of Current & Upcoming IPO’s, click on APPLY NOW to participate in the IPO offer.
- You will be asked if are an existing client with MoneyIsle. If yes, enter the client trading code and all your relevant details shall get prefilled. If not, then enter your demat account details.
- Enter your UPI ID.
- Make sure the UPI ID is mapped to your personal bank account.
- The IPO application is liable to get rejected if the person who is applying is different from the one whose bank account is used to apply. Third person bank accounts are not accepted.
- Place your bid
Trading accounts allow you to buy and sell securities of the stock market. If you want to trade in the IPO shares, a trading account is a necessity.
There are no charges to apply for an IPO through Primarket. However, we charge Rs. 100/-whenever you place any bid for Buyback/ Takeover/ Delisting.
The cut-off price is the offer price at which the shares get issued to the investors, which could be any price within the price band. An IPO book building issue opens with a price range. There is a minimum price and a maximum price for the issue. An investor can place bids for the desired quantity in multiples of the lot size within the applicable range. Selecting the cut-off option while applying for the issue indicates your willingness to subscribe to shares at any price discovered within the price band through the book-building process, eventually increasing the possibility of an allotment.
The IPO application amount gets debited from your bank account whose UPI ID you had entered while applying for IPO. In order to successfully complete your application, please block the IPO application amount on your UPI app. You can do this by clicking on the link in the SMS from NPCI or tapping on the notification from your UPI app. If you have not received an SMS or notification for amount-blocking even after six hours of placing your bid, you may have to apply again. To do this, login to Primarket, delete your application and reapply. You can only delete your IPO application between 12 pm and 4:30 pm during the issue window. This will trigger the amount-blocking related SMS/notification on your UPI app.
