Now open an account for IPO Investment with this process.
By Lokmat English Desk | Published: October 28, 2021 06:00 PM2021-10-28T18:00:54+5:302021-10-28T18:00:54+5:30
Next 
At present, the stock market is booming and IPOs of various companies are being floated. In the last few days, SEBI has approved new IPOs worth over Rs 28,000 crore.
Even during the Corona Crisis, many companies are performing well, giving good returns. So investors seem to be getting richer. As a result, investment is on the rise.
If anyone wants to invest in an IPO, they need to open a Demat account first. Otherwise, they will not be able to invest in it. The best thing about a Demat account is that it can be opened with zero account balance.
There is no need to maintain a minimum balance in a Demat account. To invest in the stock market, the investor must have a bank account, a trading account, and a Demat account. This is because to hold digitally shares in a Demat account.
Trading accounts can be used to invest in IPOs, shares, mutual funds. Anyone can open a Demat account with any depository broker registered with CDSL or NSDL.
Anyone over the age of 18 can open a Demat account digitally. Proof of PAN, bank account, identity, and address are mandatory documents. So, shares are invested and traded electronically from the account.
To open a Demat account digitally, first visit the broker's website. Then fill out the account opening form. In this, you have to fill in the name, address, PAN and Demat, and bank account details linked to the trading account.
The firm from which users are opening a Demat account, calls the users service provider's office in such a way that it is possible to open a Demat account and invest in an IPO. Meanwhile, Paytm is set to launch the largest IPO in the country. By this 18 thousand 30.
IPOs of more than half a dozen companies are coming in the next few days. These companies had submitted documents for IPO to SEBI between July and August 2021.
IPOs of more than half a dozen companies, including the policy market and Paytm, Nyaka, are coming up. Many investors are said to be waiting for IPOs like PolicyBazar and Paytm.