Chapter 2: IPO & Markets
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Day 12: IPO Process — Step by Step
DRHP se listing tak — 6 mahine ka khel!
2 min read
📖 Ramesh Tea Ka IPO Journey Shuru!
Ramesh ne decide kiya: IPO! Par yeh koi kal hota nahi. Ek CA ne bataya:
"Bhai, pehle ek document banao — DRHP bolte hain. Usmein company ki poori history, finance, risks sab likhna hai. SEBI ko submit karo. Phir road show... phir price decide karo... tab jaake IPO aata hai — at least 6 mahine lagenge!" 😅
Ramesh ne decide kiya: IPO! Par yeh koi kal hota nahi. Ek CA ne bataya:
"Bhai, pehle ek document banao — DRHP bolte hain. Usmein company ki poori history, finance, risks sab likhna hai. SEBI ko submit karo. Phir road show... phir price decide karo... tab jaake IPO aata hai — at least 6 mahine lagenge!" 😅
IPO Ka Step-by-Step Process
1
DRHP Filing — Draft Red Herring Prospectus. Company ki poori info ka 500+ page document. SEBI ko submit karo. 30-90 din review.
2
SEBI Approval — SEBI review karti hai. Agar sab theek hoga, observations send karti hai. Companies address karti hain.
3
Roadshow — CEO aur CFO institutional investors ke saath meetings karte hain poori duniya mein. "Humari company mein invest karo!" ka pitch.
4
Price Band Fix — ₹100-₹110 jaisi range decide hoti hai. Upper end typically IPO price hoti hai.
5
IPO Open (3 days) — Retail investors apply karte hain (ASBA process se). HNI, QIB bhi apply karte hain.
6
Allotment — Oversubscribed hone pe lottery se allotment. T+6 days pe shares Demat mein aate hain.
✓
Listing Day! — Market pe pehli baar trading shuru. Opening price IPO price se zyada ya kam ho sakti hai.
IPO Mein Kaun Apply Kar Sakta Hai?
| Category | Who | Min Amount | Reservation |
|---|---|---|---|
| Retail Individual (RII) | Aap, main, Sharma ji | ₹14,000-15,000 | 35% |
| HNI/NII | Rich individuals | ₹2 lakh+ | 15% |
| QIB | Mutual funds, FIIs | Large amounts | 50% |
🎉 ASBA Kya Hai?
Application Supported by Blocked Amount. IPO apply karte waqt paisa bank account se block hota hai, actually deduct nahi hota. Allotment na hua toh automatically unblock! Isliye IPO application mein koi risk nahi. Paise safe rehte hain apply karne ke baad bhi. 👍
Application Supported by Blocked Amount. IPO apply karte waqt paisa bank account se block hota hai, actually deduct nahi hota. Allotment na hua toh automatically unblock! Isliye IPO application mein koi risk nahi. Paise safe rehte hain apply karne ke baad bhi. 👍
🎯 Takeaway:
IPO ek 6+ mahine ka detailed process hai — DRHP, SEBI approval, roadshow, price band, application, allotment, listing. Retail investor ka kaam simple hai: app pe apply karo, ₹15,000 block karo, allotment ka wait karo! Kal — GMP yaani Grey Market!
IPO ek 6+ mahine ka detailed process hai — DRHP, SEBI approval, roadshow, price band, application, allotment, listing. Retail investor ka kaam simple hai: app pe apply karo, ₹15,000 block karo, allotment ka wait karo! Kal — GMP yaani Grey Market!