When can IPO orders be placed through Space Jainam ?

1. From IPO open day: -All the orders for an IPO can be placed from the day it opens from 10.00 a.m.

2. During the IPO period: -

-Orders can be placed anytime on the Space app or the web.

-Orders can be placed anytime on the Space app or the Web.

-Investors can place a bid for IPO shares any time in 24 hours i.e., even after the market closes.

-Orders placed after market closing time will be forwarded to the exchange on the next business day after 10 a.m.

3. On the last day of IPO: - 

i. Retail investor: - The retail investor should place his bid before 4.30 p.m. on IPO closing day. So that, he can also accept the mandate before 5 p.m. and can complete the application process.

ii. HNI investor: - The HNI investor should place his bid before 4.00 p.m. on IPO closing day.

RELATED FACTS: -

- For Net banking ASBA: - Many banks have their own cut – off times for ASBA IPO applications on the last day. (usually, banks allows only until 2 to 3 p.m. on the last day).