Apply for Live IPOs Online
Last updated: | Mainboard + SME IPOs combined
Explore open, upcoming and recently closed IPOs. Track price band, issue size, subscription and allotment status, all in one IPO dashboard.
Open IPOs
11
accepting applications
Upcoming IPOs
24
yet to open
Closed IPOs
375
in last 12 months
Listed at Premium
126
in last 12 months
Listed at Discount
84
in last 12 months
Open IPOs
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National Stock Exchange of India (NSE)
Varmora Granito Ltd
Sonaselection IndiaAxiom Gas Engineering LtdKheria Autocomp LtdUpcoming IPOs
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Elevate CampusesA-One Steels India Ltd
ArMee InfotechSwastika Infra LtdAdroit Industries India LtdRecently Closed IPOs
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Hero Motors
SS Retail 
Jindal Supreme (India)Vama Wovenfab LtdQuanto Agroworld LtdAllotment Status
View all →A-One Steels India LtdLiqvd Digital India LtdSai Urja Indo Ventures LtdArMee InfotechElevate CampusesSubscription Status
View all →How to Apply for an IPO On INDmoney?
Start applying for IPOs via INDmoney using these 3 easy steps:
Open Your Free Demat Account
Sign up with your mobile number and complete your digital KYC using your PAN and Aadhaar in minutes. No paperwork, no branch visits, no account opening fee.
Pick an IPO and Choose Your Lots
Select an open IPO from the dashboard above, check the price band and issue size, and choose how many lots you want to apply for.
Approve the UPI Mandate
Submit your application and approve the payment mandate using INDpay UPI. The amount is blocked, not debited, until shares are allotted.
Why Should You Use INDmoney for IPOs?
Zero fees, one dashboard, and a fast INDpay UPI mandate flow built for how you already invest.
Zero Commission Fees
INDmoney doesn't charge any commission or application fee when you apply for IPOs.
Track Every IPO on One Dashboard
Monitor every open, upcoming and applied IPO from a single dashboard, alongside your other investments.
Apply up to ₹5 Lakh via INDpay UPI
Apply for up to ₹5 lakh in IPOs using INDpay UPI, a quick mandate flow with no complex banking steps.
Real-Time Subscription Tracking
See live subscription numbers by investor category, QIB, NII and Retail, as bidding progresses.
Fast, Paperless Application
Apply in a few taps with your PAN and Aadhaar already on file, no physical forms or branch visits.
Post-Listing Portfolio Tracking
Once shares are allotted and listed, track your IPO holdings alongside your Indian stocks, US stocks and mutual funds.
Who can apply for an IPO?
IPOs are available to three different groups of investors:
1. Retail Individual Investors (RII)
Any investor with a demat account and investing less than Rs 2 lakhs in a particular IPO comes under this category.
This group includes Indian residents, NRIs, and Hindu Undivided Families (HUFs).
2. Non-Institutional Investors (NII)
Any investor with a demat account and investing above Rs 2 Lakhs in a particular IPO comes under this category.
This category is also known as the high net-worth individual (HNI) category. This group generally includes Indian citizens, NRIs, HUFs, and various organisations bidding over Rs 2 lakhs.
3. Qualified Institutional Buyer (QIB)
QIBs are major institutional entities like mutual funds, banks, and foreign investors that are registered with SEBI for investing in IPOs.
Frequently Asked Questions
IPOs are open to three investor categories: Retail Individual Investors (RII) investing under ₹2 lakh, Non-Institutional Investors (NII) investing over ₹2 lakh, and Qualified Institutional Buyers (QIB) such as mutual funds and banks.
No. INDmoney does not charge any commission or application fee for applying to IPOs. You can apply for up to ₹5 lakh using INDpay UPI, and track every application from a single dashboard.
No. You need an active Demat account to apply for any IPO in India. You can open a free Demat account on INDmoney using your PAN and Aadhaar in a few minutes.
Once the allotment date passes, you can check your allotment status for any IPO from the Allotment Status section on this page, or directly on the INDmoney app under your IPO applications.
If you're not allotted shares, the blocked amount from your INDpay UPI mandate is released back to your account, usually within a few working days of the allotment being finalised. You are not charged for an unsuccessful application.
If you're allotted shares, they are credited to your Demat account before the stock lists on the exchange, typically within 1 to 2 working days of the allotment date, under SEBI's T+3 listing framework.
Yes, within limits. You can usually revise the bid quantity or price, or cancel your application entirely, until the IPO issue closes. Once the issue closes, applications are locked and cannot be changed.
Learn More About IPO Investing
Getting Started with IPO
Subscription, Allotment & Tax
