Open IPOs Today
17 IPOs currently open for subscription. Apply before the close date to participate.
Total Open
17
Mainboard
17
SME
0
Waiting for an upcoming IPO? View pipeline →
How to Apply for an Open IPO
Step 1: Open a Demat Account
To apply for any IPO in India, you need an active Demat account linked to your PAN card. SEBI-registered brokers such as Zerodha, Upstox, Angel One, and Groww allow you to open a free Demat account online within minutes. Your Demat account holds the shares after allotment, while your linked bank account is used for the UPI payment mandate.
Step 2: Check the IPO Details
Before applying, review the IPO's price band, lot size, issue size, company financials, and the Grey Market Premium (GMP). Read the Red Herring Prospectus (RHP) for information about the company's business model, risks, and use of IPO proceeds. Understanding the fundamentals helps you make an informed decision rather than relying solely on market sentiment.
Step 3: Place Your Bid via UPI
Log in to your broker's app or website, navigate to the IPO section, and select the IPO you want. Enter the number of lots (1 lot for retail investors is recommended to maximise allotment chances), select the cut-off price option, and enter your UPI ID. The application is submitted to the exchange and a mandate request is sent to your UPI app.
Step 4: Approve the UPI Mandate
Open your UPI app (Google Pay, PhonePe, BHIM, or Paytm) and approve the mandate request within the validity period. The application amount is blocked in your bank account but not debited immediately. If you do not approve the mandate, your IPO application will be rejected automatically. Make sure you approve before 5:00 PM IST on the close date.
Step 5: Check Allotment and Listing
Allotment is typically finalised on T+3 (three working days after the issue closes). You can check your allotment status on the registrar's website using your PAN or application number. If allotted, shares are credited to your Demat account and the blocked amount is debited. If not allotted, the blocked amount is released back to your bank account. The IPO lists on the exchange on T+6, and you can sell the shares from the listing day itself.
Apply Through a SEBI-Registered Broker
Use any of the following brokers to apply for open IPOs with zero brokerage on IPO applications.
Frequently Asked Questions
How many IPOs are open for subscription today?
The number of open IPOs changes daily. This page shows a live count of all mainboard and SME IPOs currently accepting applications. During busy months, 5-10 IPOs may be open simultaneously, while quieter periods may have just 1-2.
What is the last date to apply for an open IPO?
Each IPO has a specific close date shown on this page. You must submit your UPI application before 5:00 PM IST on the close date. We recommend applying on Day 1 or Day 2 to avoid last-minute technical issues with UPI mandates.
Can I apply for multiple open IPOs at the same time?
Yes, you can apply for as many open IPOs as you want simultaneously. Each application is independent and blocks only the application amount for that specific IPO in your bank account via UPI mandate. The amount is debited only upon allotment.
What does the GMP shown next to each IPO mean?
GMP (Grey Market Premium) is the unofficial premium at which IPO shares trade in the grey market before listing. A GMP of Rs 50 on a Rs 200 IPO suggests a possible listing around Rs 250. However, GMP is speculative and not guaranteed — it can change rapidly before listing day.
How do I apply for an IPO online through UPI?
Open your broker app (Zerodha, Upstox, Angel One, or Groww), go to the IPO section, select the IPO you want, enter the number of lots at cut-off price, submit your UPI ID, and approve the mandate on your UPI app (BHIM, Google Pay, PhonePe, etc.). The blocked amount is only debited if you receive allotment.
Disclaimer: IPO investments are subject to market risks. Grey Market Premium (GMP) is unofficial data sourced from market participants and is not endorsed by SEBI, NSE, or BSE. Past performance is not indicative of future returns. Please read all scheme-related documents carefully before investing. The subscription status shown is sourced from exchange data and may have a delay of up to 15 minutes.