FAQ & Support
Frequently Asked Questions
Is Naya iPO free to use?
Yes, browsing IPO details, checking important dates, and using basic IPO information in Naya iPO is free.
What is an IPO?
An IPO, or Initial Public Offering, is the process where a private company offers its shares to the public for the first time and becomes publicly listed.
What does price band mean in an IPO?
The price band is the lower and upper price range within which investors can apply for shares. For example, if the band is ₹345 to ₹350, you can bid within that range.
What is minimum order quantity?
Minimum order quantity is the smallest number of shares you can apply for in an IPO. If you want to apply for more, you usually need to apply in multiples of the lot size.
What is cut-off price?
Cut-off price means you are ready to apply at the final issue price decided by the company. Retail investors commonly choose this option while applying.
What is ASBA in IPO?
ASBA means Application Supported by Blocked Amount. Your application amount stays blocked in your bank account and is debited only if shares are allotted.
Can I apply for the same IPO multiple times?
No, multiple applications using the same PAN or demat account can be rejected. Different eligible family members may apply using their own PAN and demat account.
What is GMP in IPO?
GMP means Grey Market Premium. It shows unofficial market interest before listing, but it is not guaranteed and should not be the only reason to apply.
Should I apply based only on GMP?
No. GMP is unofficial and can change quickly. Always check company financials, valuation, risk factors, and official documents before making a decision.
How can I check IPO allotment status?
After allotment is finalized, you can check the status from the registrar website or from the IPO detail page if Naya iPO provides an allotment link.
Why did I not receive my IPO mandate?
Mandates may take some time to appear. Check your UPI app, bank app, and entered UPI ID. If it still does not arrive, you may need to cancel and apply again before the issue closes.
What is the last time to apply for an IPO?
IPO application cut-off time can vary by broker, exchange, and category. It is better to apply early instead of waiting until the last few minutes.