Best Apps for IPO Investment: How to Apply for IPOs from Your Phone

Keywords: Share market app, Trading apps easy, Online share trading app

Missed out on investing in big IPOs? Investing in IPOs (Initial Public Offerings) offers a great opportunity to investors to put their money and own shares of a company at a low price before it hits the market. Unlike traditional times, when investments used to be a lengthy process, thanks to online share trading apps with just a few taps from your home, you can conveniently do research, make a decision, invest in the right IPO and earn high returns. 

If you are a beginner investor who is interested in investing in IPOs but confused about the process and don’t know where to start, then this guide will help you.

Understanding IPOs

An IPO is when a private company decides to go public for the first time, sells shares, and raises capital to expand its operations. IPO investments offer users the opportunity to buy shares of a potential company before it goes public, often at a lower cost and earning higher returns. 

Reasons to invest in IPOs:

  • IPO investment via share market apps allows investors to earn high returns and diversify their portfolios.
  • They offer users a chance to invest in a growing company in its early stages.
  • Not only investors but also companies that are going public can build their brand, market share, and expand their operations.

Top Apps for IPO Investments

Here are some of the top-rated online platforms to invest in IPOs:

  • Zerodha Kite: It’s a well-known share market application that is most known for its advanced features. It offers users a seamless trading experience and an easy IPO application process.
  • Bajaj Finserv: The one-stop and popular trading app easy to use and invest in multiple financial securities, including IPOs, mutual funds and more. Bajaj Finserv is an app that implements strong security protocols, offers real-time market data and has advanced trading tools.
  • Upstox: One of the fast-growing online apps that allows users to invest in IPOs seamlessly, track their investments and manage applications. 

Steps to Apply for an IPO Using an App

Follow the steps mentioned below to successfully apply for an IPO:

  • Choose a reliable online share trading app and register yourself by providing the required information. Open a Demat account and ensure it is linked to your trading account.
  • Check the IPO listings available on the app, and after research, choose the one that you want to invest in.
  • Enter the number of shares you want to apply for and your bidding price. Double check all the details and confirm the application.
  • Make payment and wait for allotment results. If you receive the allotment, the shares will be credited.

Features to Look for in an IPO Investment App

Consider the following features to look for when choosing the right share market app:

  • The app should have a user-friendly and easy-to-navigate interface, making it accessible for everyone.
  • It must provide up-to-date information on the upcoming IPO.
  • The app should be equipped with advanced security features to protect your data.
  • Look for an online platform allowing users to track and manage their investment portfolio.

Tips for Successful IPO Investing

Make sure you follow the below mentioned pro tips for investing in IPO:

  • Take your time to do research before investing in an IPO.
  • Avoid putting all your money in one financial security and diversify your portfolio to earn maximum returns.
  • Keep yourself updated with the latest share market news and important dates. Set alerts on your share market apps.
  • Investing in an IPO may contain risks, so make sure you know the downsides before putting your money.

Final Thoughts

Investing in IPOs has never been easier with the right online platform. Ensure you consider the above-mentioned features when choosing an app and follow the tips mentioned above. Choose an app that suits your needs and start your investment journey today!