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.