How to apply for an IPO in the EXISTING SHAREHOLDER category?
How to apply for an IPO in the EXISTING SHAREHOLDER category?
To make the application be successfully considered for allotment, ensure that the prerequisite number of the shares are already held in the Demat account.
Applying in the shareholder category is the same as the general process.
However, the investor type should be selected as Shareholder while applying through Space app or Web.
RELATED FACTS?
The eligibility criteria for applying in the existing shareholder category are specific to each RHP(Red Herring Prospectus).
The RTA (Registrar and Transfer Agents) verifies if at least one share of the parent company was held on the day the RHP was filed.