The online way to investing in IPOs

Source : BUSINESS_STANDARD
By : Tania Kishore Jaleel
Last Updated: Wed, Oct 10, 2012 10:14 hrs
INDIAN STOCK BROKERS WATCH THE KEY SENSEX SHARE INDEX IN BOMBAY.

Sebi, on Thursday, had issued a circular on how an investor can apply for public issues online. In August, it had given a nod for e-IPO guidelines, which would allow online participation of investors in a public offering, without any physical paperwork.

At the moment, one can apply for IPOs electronically, but not from your home if it is not through a syndicated broker to the issue. So, not everyone can use this route.

Through the e-IPO route, Sebi has asked the stock exchanges to provide for download of application forms on their websites and broker terminals, so that any investor or stock broker can download and print the forms directly.


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