Introduction to Bajaj Financial Securities Limited
Bajaj Financial Securities Limited (BFSL) is one of the leading financial services companies in India. It offers a range of capital market services including Equity, Futures & Options, Margin Trade Financing, IPO, etc.
BFSL is a SEBI-registered stockbroking entity and is a member of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). BFSL is a trusted partner for its clients as it has a strong focus on customer service and is committed to providing the best possible services. BFSL is a 100% subsidiary of Bajaj Finance Limited and inherits the same values as that of its parent brand.
How to apply for an IPO at BFSL?
An Initial Public Offering (IPO) is a process by which a company can raise funds from the public. BFSL offers an easy IPO process and provides its clients with complete guidance and assistance throughout the IPO process.
Before applying for an IPO, it is important to understand the process and the risks associated with IPO investing. Analyze the company’s reviews and analyst reports. One thing to look after is the company’s ability to meet its financial obligations and if it has the resources to manage the business in the future.
When it comes to the question as to how to apply for an IPO, here is a guide and step-by-step process.
Apply for IPO using UPI ID on Bajaj Financial Securities web and mobile platform:
- To apply for an IPO, you must have a Demat & Trading account and UPI ID
- Login to Bajaj Securities App
- Go to the IPO/NCD section
- Choose the IPO you wish to apply in
- Select the number of lots you want to apply
- Enter your valid UPI ID
- Submit the Bid
- Open your UPI app and accept the payment mandate
Apply for IPO without UPI ID:
You can apply via the ASBA net-banking services provided by your commercial bank and provide your BFSL demat account number. Mention the Depository Participant (DP) as Bajaj Financial Securities Limited to make sure the assigned IPO shares are credited to your BFSL Demat account.
The DP information for your IPO application will include:
- Depository: CDSL
- DP Name: Bajaj Financial Securities Limited
- DP ID: 12088600
- Demat ID: This will be unique identification number for you and you can get in from the My Profile section in the Bajaj Securities app or the web platform
Being a BFSL client you have an edge as you avail IPO Funding* up to Rs. 1 Crore.
Timing to apply for an IPO
When an IPO goes live, there is only a specific time duration during which one can apply in the IPO. The IPO window is available from 10 AM to 5:30 PM. You can apply, make changes, or delete your application at any time through the Bajaj Securities app.
Pre-Apply in IPO
In the present time, it may happen that you are eyeing a certain IPO; however, you may miss applying in IPO when the issue goes live. This may happen due to a busy schedule or the information just skipping out of your mind. To avoid such opportunity loss, BFSL gives the opportunity to pre-apply in IPO even before the issue goes live.
Pre-applying for an IPO can be a great way to secure your spot in the offering and get ahead of the competition. However, it is important to do your research and make sure that you understand the risks associated with the offering.
Pre-applying for an IPO is a relatively simple process, just follow the below steps:
- You must have a Demat & Trading account and UPI ID
- Login to Bajaj Securities App
- Go to the IPO/NCD section
- Choose the IPO you wish to apply in- Pre-Apply button will appear if the IPO is scheduled to open in the next few days
- Select Pre-apply
- Enter your valid UPI ID
- Submit the Bid
- Once the IPO is live, you will receive UPI mandate
- Accept and you are done
Charges to apply for an IPO
To apply for any IPO, Bajaj Financial Securities Limited does not charge any fees. All you need is a Demat and Trading Account with BFSL. As BFSL customer you get the choice to select the subscription plan and benefit from the low brokerage rates.
Avail IPO Financing with Bajaj* and boost your allotment quantum
Do you wish to avail IPO Financing and invest in public issues of reputed companies? Explore the benefits you get with Bajaj*.
IPO Financing is a loan facility offered by Bajaj* to apply for any Primary Market Issues (IPOs and FPOs). With IPO Financing, an investor can apply for IPOs by investing only the margin amount (separately specified for each IPO). This facility is available for HNI as well as Retail clients. This facility helps you in increasing the allotment size by placing bid for higher number of lots at the time of applying in IPO.
Why Choose Bajaj* for IPO Financing?
- Simple process
- One-time documentation for all upcoming IPOs
- Attractive interest rates
- Attractive margins
- Tenure is decided at the time of funding
- Up to Rs. 1 Crore loan amount
- No hidden charges
- Quick turnaround time
Advantages of IPO Financing
- Investor can apply for more shares, thus increasing chances of a larger allotment
- Cash or securities can be used as a margin
- Simple Documentation and smooth speedy processing
How Does it work?
IPO Financing offers an excellent opportunity to leverage your position in the primary market and thus increase the bid quantum manifold. Bajaj* gives an option to the investors to get the requisite funds to apply in the IPO. All you need to do is deposit the margin money and the rest amount will be funded by Bajaj*. IPO Financing empowers the investor to apply for more shares despite the limited funds.
Tips for making money in an IPO
Investing in IPOs can be a great way to make money, but it is important to understand the risks and the rewards before investing. By researching the company and its track record, investors can better understand the company’s potential and make an informed decision about whether to invest.
Conclusion
BFSL is a trusted partner for its clients and provides them with multiple capital market services. The company has a strong focus on customer service and is committed to offer best-in-class products and technology to its clients. BFSL provides an easy process to apply.
If you wish to open a Demat & Trading account with Bajaj Financial Securities Limited, you can complete the online account opening process in less than 10 minutes and get the benefit of easy applying in IPO and low brokerage trading.
In case any assistance is required, you can connect with us at 1800 833 8888 or mail us at [email protected] We will be happy to assist you and guide you on every step.
Catch the opportunities early!
Have a look at the current IPOs
This should not be construed as soliciting investment. Investors’ discretion is required. Kindly consult your financial expert before investing. No need to issue cheques by investors while subscribing to IPO. Investments in securities markets are subject to market risks, read all the related documents carefully before investing.
*IPO Financing is done through Bajaj Finance Limited. Bajaj Finance Limited (BFL or Lender) reserves the sole right to decide participation in any IPO and financing to the client shall be subject to credit assessment done by the lender. Also, BFL shall have full rights to decide the commercial terms for IPO and final application and financing shall be subject to all requirements being met by the client in a timely manner including documentation, account setup and payment of required Interest and Margin. Bajaj Finance Limited also reserves the exclusive rights to change any of the above-mentioned terms and conditions without prior notice to clients. The scheme margin is subject to change. UPI is mandatory to bid in all IPOs through our platform. As per exchange guidelines, all the UPI mandates will only be accepted till 5:00 PM on IPO closure day.
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