IPO Website from Winspire

How do I apply for an IPO?

You normally apply through your broker, bank or another supported investment platform during the IPO application window. You select the number of lots, choose a valid bid price when required, and complete the payment-blocking process through UPI or ASBA. QuickIPO explains the IPO; it does not accept applications or place bids for you.

What does “lot size” mean in an IPO?

The lot size is the minimum number of shares in one IPO application unit. If an IPO lot contains 1,000 shares, you generally apply in multiples of that lot rather than choosing any number of shares you want. The money required therefore depends on both the issue price and the lot size.