- IPO opening day: -All the orders for an IPO can be placed from the day it opens at 10 a.m.
- During the IPO period, orders can be placed anytime on the JPlus app or the web.Investors can place a bid for IPO shares any time in 24 hours, i.e., even after the market closes. Orders placed after market closing time will be forwarded to the exchange on the next business day after 10 a.m.
- On the last day of the IPO:
- Retail investor: The retail investor should place his bid before 4.30 p.m. on IPO closing day. So that, he can also accept the mandate before 5 p.m. and complete the application process,.
- HNI investor: The HNI investor should place his bid before 4 p.m. on IPO closing day.
RELATED FACTS: - For Net banking ASBA: many banks have their own cut-off times for ASBA IPO applications on the last day. (usually, banks allows only until 2 to 3 p.m. on the last day).
- To know about applying to an IPO see, How to apply for an IPO using UPI through Jainam?
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