Digit
headset_mic account_circle
mail
Sign In
  • Products

    Motor

    • Car Insurance
    • Two Wheeler/Bike Insurance
    • Commercial Vehicle Insurance
    • Taxi/Cab Insurance
    • Auto Rickshaw Insurance
    • Truck Insurance

    Health

    • Health Insurance
    • Super Top-up Health Insurance
    • Arogya Sanjeevani Policy
    • Corporate Health Insurance

    Other

    • International Travel Insurance
    • Flight Delay
    • Shop Insurance
    • Home Insurance
  • Claims

    • File a Claim
    • File Health Claim
    • File Motor Claim for Garages
    • COVID-19 Assistance
    • Claim Status
  • Renewals
  • Become an Agent
  • Digit Products

    Motor Insurance

    • Car Insurance 25% OFF
    • Two Wheeler/Bike Insurance
    • Commercial Vehicle Insurance
    • Taxi/Cab Insurance 15% OFF
    • Auto Rickshaw Insurance
    • Truck Insurance

    Health Insurance

    • Health Insurance
    • Super Top-Up Health Insurance
    • OPD Health Insurance
    • Arogya Sanjeevani Policy
    • Personal Accident Insurance
    • Corporate Health Insurance

    Other Insurance

    • International Travel Insurance
    • Flight Delay
    • Shop Insurance
    • Home Insurance
  • Claims

    File a Claim

    File Health Claim

    File Motor Claim for Garages

    COVID-19 Assistance

    Claim Status

  • Renewals

    Become an Agent

  • Support
    Sign In
    • edit Edit Policy
    • download Download Policy
    • person_pin My Service Requests
    • check Check Policy Status
    call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

    Our WhatsApp number cannot be used for calls. This is a chat only number.

  • My Account
    account_circle
    • autorenew Renew My Policy
    • download Download My Policy
    logout SIGN OUT
    call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

    Our WhatsApp number cannot be used for calls. This is a chat only number.

  • login
  • about
  • contact
  • careers
More Products

Motor

  • Car Insurance
  • Two Wheeler/Bike Insurance
  • Commercial Vehicle Insurance
  • Taxi/Cab Insurance
  • Auto Rickshaw Insurance
  • Truck Insurance

Health

  • Health Insurance
  • Super Top-up Health Insurance
  • Arogya Sanjeevani Policy
  • Corporate Health Insurance

Other

  • International Travel Insurance
  • Flight Delay
  • Shop Insurance
  • Home Insurance

Support

close
account_circle
  • edit Edit Policy
  • download Download Policy
  • person_pin My Service Requests
  • check Check Policy Status
  • autorenew Renew My Policy
  • download Download My Policy
logout SIGN OUT
call 1800-258-5956 mail_outline hello@godigit.com whatsapp 70260 61234

Our WhatsApp number cannot be used for calls. This is a chat only number.

Do the Digit Insurance

Trusted by 3 Crore+ Indians

  • Health
    Health
  • Pay as you Drive
    Car Side View
    Car
  • trending icon

    Third-party premium has changed from 1st June. Renew now

    Motorcycle Side View
    Bike
  • auto rikshaw
    Commercial
  • Covers COVID-19
    Travel Airplane
    Travel
  • More products
    More
false false
ENTER YOUR CAR NUMBER
keyboard_arrow_right
DON'T KNOW YOUR CAR NUMBER?
keyboard_arrow_right
renew digit policy keyboard_arrow_right

I agree to the  Terms & Conditions

{{(!carWheelerCtrl.registrationNumberCardShow || carWheelerCtrl.localStorageValues.vehicle.isVehicleNew) ? 'I know my Reg num' : 'Don’t have Reg num?'}}
keyboard_arrow_right
It’s a brand new Car
keyboard_arrow_right
renew digit policy keyboard_arrow_right

I agree to the  Terms & Conditions

Terms and conditions

    false false
    Enter valid registration number
    DON'T KNOW REGISTRATION NUMBER?
    keyboard_arrow_right
    I KNOW MY REGISTRATION NUMBER
    keyboard_arrow_right
    IT'S A NEW BIKE
    keyboard_arrow_right
    RENEW DIGIT POLICY
    keyboard_arrow_right

    I agree to the  Terms & Conditions

    Continue with {{bikeCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments') !== -1 ? 'payment completion': 'previous choice'}}

    {{bikeCtrl.lastVisitedData.vehicle.makeModel | toTitleCase}} {{bikeCtrl.lastVisitedData.vehicle.variant? (bikeCtrl.lastVisitedData.vehicle.variant|toTitleCase): (bikeCtrl.lastVisitedData.vehicleCharacteristics.vehicleType | toTitleCase)}}

    {{bikeCtrl.lastVisitedData.vehicle.licensePlateNumber}}

    {{bikeCtrl.selectedPlanDisplay[bikeCtrl.lastVisitedData.dropOffSelectedPlan? bikeCtrl.lastVisitedData.dropOffSelectedPlan: bikeCtrl.lastVisitedData.selectedPlan]}}

    -

    ₹{{((bikeCtrl.lastVisitedData.dropOffSelectedPlan ? bikeCtrl.lastVisitedData.dropOffGrossPremium:bikeCtrl.lastVisitedData.chosePlan.grossPremium) .replace('INR ','')).split('.')[0] | rupeeFormatWithComma}} (Incl 18% GST)

    keyboard_arrow_right
    IT'S A NEW BIKE
    keyboard_arrow_right
    RENEW DIGIT POLICY
    keyboard_arrow_right

    I agree to the  Terms & Conditions

    Continue with {{twoWheelerCtrl.lastVisitedData.lastVisitedUrl.indexOf('DigitPaymentGateway/payments') !== -1 ? 'payment completion': 'previous choice'}}

    {{twoWheelerCtrl.lastVisitedData.vehicle.make |toTitleCase}} {{twoWheelerCtrl.lastVisitedData.vehicle.model | toTitleCase}} {{twoWheelerCtrl.lastVisitedData.vehicle.variant? (twoWheelerCtrl.lastVisitedData.vehicle.variant |toTitleCase):''}}

    {{twoWheelerCtrl.lastVisitedData.vehicle.licensePlateNumber}}

    {{twoWheelerCtrl.lastVisitedData.selectedPlan}}

    -

    ₹{{((twoWheelerCtrl.lastVisitedData.quickQuoteResponse.plans[twoWheelerCtrl.lastVisitedData.selectedPlan].resposeBody.grossPremium) .replace('INR ', '')).split('.')[0] | rupeeFormatWithComma}} (Incl 18% GST)

    • Geography
    • Country
    {{geography.name}}

    Popular Countries (You can select more thane one)

    • {{country}}

    DONE
    Please select geography

    I agree to the  Terms & Conditions

    As mandated by Spanish Authorities your travel insurance needs to extend 15 days after your trip ends.
    We will extend your coverage period accordingly.

    false false false false false false false false false false false false

    Port my existing Policy

    keyboard_arrow_right
    or renew digit policy keyboard_arrow_right
    Chat with an expert

    I agree to the  Terms & Conditions

    You can select more than one member

    • -+ Max kids
      (s)
    ENTER YOUR REGISTRATION NUMBER
    keyboard_arrow_right
    DON'T KNOW YOUR REGISTRATION NUMBER
    keyboard_arrow_right
    or renew digit policy keyboard_arrow_right

    I agree to the  Terms & Conditions

    Terms and conditions

    Terms and conditions

    Do the Digit Insurance
    • Health
    • Car
    • Bike
    • Commercial
    • Travel
    • More Products

    A Detailed Guide on How to Apply for an IPO

    apply for ipo
    (source: angelone)

    IPO or Initial Public Offering refers to a process where a private company raises capital by selling its shares to the public. Through this process, a company makes its first offer to the public to subscribe to its shares. For this, companies approach the Securities and Exchange Board of India (SEBI), and after the market regulator’s approval, they proceed to float their public issues.

    Read along to get a definite answer to your question of how to apply for an IPO!

    Note: Individuals can apply for IPO online and offline. Both the processes are discussed separately.

    How to Apply for an IPO Online?

    There are two ways an investor can complete an online IPO application. These are as follows:

    1. IPO Application via Broker

    Here is a step-by-step guide on the online IPO application process through a broker.

    Step 1 - At first, log in to the online account with a broker. Investors who do not have an online account must create an online account by registering their email ID and phone number.

    Step 2 - Next, find out the IPO tab and navigate to the current IPO segment. Here, investors need to choose the IPO name from the available current IPO list.

    Step 3 - Then, investors have to enter the lot size or number of stocks they want to bid for. Here, they have to choose a bid price. Investors who are willing to increase the chances of IPO allotment must bid at the cut-off price or maximum price at the upper price band.

    Step 4 - After that, enter UPI ID and click on submit button. Here, investors have to approve the transaction on the UPI app, and the exchange will approve their bids.

    Step 5 - At this stage, investors have to wait for the mandatory notification in UPI app. After receiving the mandate request, investors can successfully submit an IPO application.

    Note: The bid amount will be blocked until investors get the share allotment in the IPO.

    2. IPO Application via Internet Banking

    Follow the steps mentioned below to complete an online IPO application through internet banking.

    Step 1 - At first, log in to the Internet banking account with credentials.

    Step 2 - Identify ASBA (Application Supported by Blocked Amount) tab and click on it.

    Step 3 - Next, click on ‘Apply IPO’. From the available option and the IPO list, select IPO.

    Step 4 - At this stage, applicants have to provide their name and PAN. In addition, they have to enter the bid quantity price and click on submit.

    Note: If investors submit the bid before 2 pm on a business day, the bid acceptance will occur on the same day. On the other hand, if they submit the bid after 2 pm on a business day, the bid acceptance will be scheduled for the next day.

    Now that investors know the online IPO application process, let’s focus on the offline IPO application procedure.

    How to Apply for an IPO Offline?

    To apply for an IPO offline, follow the steps discussed below.

    Step 1 – Visit the nearest branch of a broking firm or bank and fill out the ASBA application form.

    Step 2 – Provide KYC details.

    Step 3 - Next, funds will be blocked, and the invested amount will be debited once the shares are allotted. For instance, if investors have invested money worth ₹ 4 lakh and got shares worth ₹ 1 lakh, then only ₹ 1 lakh will be debited from their bank account.

    Since prospective investors are now aware of the ways to apply for IPO, i.e., both in offline and online mode, let’s learn about the eligibility criteria to qualify for IPO application.

    What Are the Eligibility Criteria for IPO Application?

    The IPO investment procedure is simple. However, investors must fulfil certain eligibility parameters or conditions to complete an IPO application or investment. These are as follows,

    • Applicants must be approved investors as per the guidelines set by SEBI (Securities and Exchange Board of India). Till now, four types of investors can apply for IPO. These are Non-Institutional Buyer (NII), Qualified Institutional Buyer (QIB), Employees, and Retail Individual Investor (RII).
    • Investors must have a Permanent Account Number or PAN.
    • Investors must have a Demat account and a trading account with any recognised participatory in India.
    • Bank savings or current account must be linked with the Demat account.
    • Investors must have enough credit balance to fund the investment or application.

    What Do You Need to Apply for an IPO?

    To apply for IPO, investors must have the following:

    • Demat account
    • Trading account
    • Bank account and a mobile number linked to the bank account
    • UPI ID

    What Are the Benefits of Online IPO Application?

    Here is a list of benefits that investors can enjoy if they take the online route.

    • Investors can save time as they need to visit a broker’s firm or bank for an IPO application.
    • The online IPO application process is transparent, and investors have full authority.
    • Investors can easily complete the process with just a few clicks.
    • A company can raise funds through IPO, depending on the objective of the company.

    While investing in IPO, investors must know certain legal concepts. One such concept is reserved shares. Read on to know about this in detail.

    What Are the Reserved Shares in IPO?

    Reserved shares are authorised shares that are reserved for issuance in the future. This happens under a stock option plan. Reserved shares are a portion of the total number of authorised shares. However, the corporation cannot issue these unless under the stock option plan.

    What Is the Maximum Lot Investors Can Buy in an IPO?

    As per the guidelines issued by SEBI, an investor (retail) can bid for shares worth ₹ 2 lakh (maximum) in an IPO.

    IPO application benefits investors in many ways. They can increase liquidity, raise money, and ensure diversification. Depending on the application medium (applying through online mode), investors can reap further benefits. Read along!

    The above-mentioned sections thoroughly discuss how to apply for an IPO. Choosing between the online or offline IPO application process entirely depends on the discretion of investors. In case they consider applying for IPO through a broker, they must choose an authorised broker. So, before applying for an IPO, conduct in-depth market research and start investing in any preferred application method.

    FAQs About How to Apply for an IPO

    Explain one reason for rejecting the IPO application process.

    The IPO application process can get rejected if the applicant and used bank account holder is not the same person.

    The IPO application process can get rejected if the applicant and used bank account holder is not the same person.

    What is the IPO application time?

    IPO bidding at the stock exchange is available from 10 am to 5 pm. However, most banks do not provide this facility till 5 pm. on the last day.

    IPO bidding at the stock exchange is available from 10 am to 5 pm. However, most banks do not provide this facility till 5 pm. on the last day.

    Please try one more time!

    Request URL:
    Status Code:
    Request Payload:
    Response Data:

    Other Important Company Registration Related Articles

    What is an IPO

    How to Check Trademark Status in India

    What is UDIN

    Difference between IPO and FPO

    Why Do Companies Go Public?

    Meaning of IPO Valuation & How It Is Done

    National Financial Reporting Authority

    What Is CERSAI ?

    How to Register Trademark

    Check Company Registration Status on MCA Website

    Convert OPC into Private Limited Company

    Limited Liability Partnerships

    What is Micro Enterprise

    Export Credit Guarantee Corporation of India (ECGC)

    Different Classes of Trademark

    How to Register a Private Limited Company in India

    OPC Registration Process in India

    Public Limited Company in India

    Trademark Public Search in India

    Corporate Identification Number in India

    What Is a Strike Off of a Company?

    Private Limited Company Procedure in India

    Registering a Software Company in India

    Difference Between LLP and Private Limited Company

    LLP Closure Procedure

    Procedure to Change Company Name

    NGO Registration Process in India

    Grey Market in IPO

    IPO Allotment Process

    How to Apply for an IPO

    What Is Limited Liability Partnership Act ?

    All about ESOP

    Difference Between Trademark and Copyright

    Registrar of Companies (ROC) in India

    Change a Name of a Private Limited Company

    LLP Registration in India

    Show more

    Important Business Insurance Products in India

    Business Insurance

    Sign Board Insurance

    Money Insurance Policy

    Plate Glass Insurance

    Fidelity Insurance

    Professional Liability Insurance

    Workmen Compensation Insurance

    General Liability Insurance

    Management Liability Insurance

    Types of Business Insurance

    Erection All Risk Insurance

    Contractors All Risk Insurance

    Directors and Officers Liability Insurance

    Marine Cargo Insurance

    Contractors Plant and Machinery Insurance

    Machinery Breakdown Insurance

    Show more
    1. Digit Insurance
    2. Business Insurance
    3. Company Registration
    4. Apply for an IPO

    Last updated: 2023-01-30

    Digit
    • about
    • contact
    • career
    Products
    • Car Insurance
    • Bike Insurance
    • Travel Insurance
    • Health Insurance
    • Property Insurance
    • Shop Insurance
    • Group Health Insurance
    • Arogya Sanjeevani Policy
    • Commercial Vehicle Insurance
    • Super Top-up Health Insurance
    • Flight Delay
    Resources
    • Blog
    • Press
    • Download Policy
    • Grievance Redressal Procedure
    • Cancel e-Mandate
    Agent & Partnerships
    • Become an Agent
    • Become Digit POSP
    • Garages claim intimation
    Services
    • Claims
    • Renewals
    • Digit Cashless Garages
    • Digit Cashless Hospitals
    Get our app
    Download man
    App Store Google Play

    Other Products
    • Fire Insurance
    • Burglary Insurance
    • Building Insurance
    • Bus Insurance
    • Tractor Insurance
    • Commercial Van Insurance
    • Passenger Carrying Vehicle Insurance
    • Heavy Vehicle Insurance
    • Goods Carrying Vehicle Insurance
    • Activa Insurance
    • Jupiter Insurance
    • Bullet Insurance
    • Student Travel Insurance
    • Schengen Visa Travel Insurance
    Health Insurance Guides
    • Individual Health Insurance
    • Family Health Insurance
    • Health Insurance for Parents
    • Health Insurance Premium Calculator
    • Compare Health Insurance
    • Health Insurance for Senior Citizens
    • Health Insurance with Maternity Cover
    • Corona Kavach Policy
    • Corona Rakshak Policy
    • हेल्थ इन्शुरन्स
    • फैमिली हेल्थ इन्शुरन्स
    Car Insurance Guides
    • Third Party Car Insurance
    • Comprehensive Car Insurance
    • Zero Depreciation Car Insurance
    • NCB in Car Insurance
    • IDV Calculator for Car
    • Bumper to Bumper Car Insurance
    • Car Insurance Calculator
    • Own Damage Car Insurance
    • Comprehensive vs Third Party Insurance
    • Compare Car Insurance
    • Find Vehicle Registration Details Online
    Bike Insurance Guides
    • Third Party Bike Insurance
    • Comprehensive Bike Insurance
    • Zero Depreciation Bike Insurance
    • NCB in Two Wheeler Insurance
    • IDV Value Calculator for Bike
    • Add-on Cover in Bike Insurance
    • Bike Insurance Calculator
    • Own Damage Bike Insurance
    • Comprehensive vs Third Party Bike Insurance
    • Compare Bike Insurance
    • Royal Enfield Insurance
    • TVS Insurance
    • Hero Bike Insurance
    Other Guides
    • Types of Insurance
    • Types of General Insurance
    • Types of Motor Insurance
    • International Driving License
    • Visa on Arrival for Indians
    • Visa Free Countries for Indians
    • Comprehensive vs Zero Depreciation
    • Coronavirus Health Insurance
    • Coronavirus Symptoms Checker
    • Indian Passport Rank
    • Digit Illness Group Insurance
    • Hero Splendor Insurance
    • Access Insurance
    • Scooty Insurance
    Calculators
    • SME Buddy Calculator
    • Home Loan EMI Calculator
    • Bike Loan EMI Calculator
    • Car Loan EMI Calculator
    • HRA Exemption Calculator
    • Sukanya Samriddhi Yojana Calculator
    • SIP Calculator
    • RD Calculator
    • SWP Calculator
    • GST Calculator
    • PPF Calculator
    • Personal Loan EMI Calculator
    • EMI Calculator
    • Individual Income Tax Slab
    • Tax Saving Options other than 80C
    Finance Guides
    • What is Credit Score
    • Public Provident Fund
    • How to Open PPF Account?
    • How to open Sukanya Samriddhi Account
    • What is GST?
    • GST Registration in India
    • PAN Card
    • Aadhaar Card
    • Property Tax
    • Road Tax
    • Passport Process
    • Income Tax Slabs
    • How to Save Income Tax in India
    • Tax Deductions under Section 80C
    Traffic Rules
    • PUC Certificate
    • Vehicle Registration Certificate
    • New Traffic Fines
    • Fine for Driving without Helmet
    • Types of Driving Licence in India
    • Driving Licence in Delhi
    • Driving Licence in Bangalore
    • Driving Licence in Jaipur
    • Bangalore Traffic Fines
    • Pune RTO Fine
    • Own Damage Insurance
    Business Products
    • Business Insurance
    • Management Liability Insurance
    • General Liability Insurance
    • Workmen Compensation Insurance
    • Fidelity Insurance
    • Professional Liability Insurance
    • Money Insurance Policy
    • Sign Board Insurance
    • Plate Glass Insurance
    • Erection All Risk Insurance
    • Contractors' All Risks Insurance
    • Directors and Officers Liability Insurance
    • Marine Cargo Insurance
    • Contractors Plant and Machinery Insurance
    RTO Offices in India
    • RTO Office
    • RTO Pune
    • RTO Ahmedabad
    • RTO Bangalore
    • RTO Mumbai
    • RTO Delhi
    • RTO Lucknow
    • RTO Thane
    • RTO Chennai
    Important Links
    • Digit Insurance Reviews
    • Car Insurance Reviews
    • Bike Insurance Reviews
    • Commercial Vehicle Insurance Reviews
    • Travel Insurance Reviews
    • Health Insurance Reviews
    • Mobile Insurance Reviews
    • Become a Digit Partner
    • General Insurance Agent
    • Health Insurance Agent
    • Motor Insurance Agent
    Car Brands & Models
    • Maruti Insurance
    • Toyota Car Insurance
    • Tata Car Insurance
    • Hyundai Car Insurance
    • Kia Car Insurance
    • Mahindra Car Insurance
    • Tata Tiago Insurance
    • Tata Nexon Insurance
    • Hyundai i20 Insurance
    • Creta Insurance
    • Baleno Insurance
    Downloads Do Not Disturb (DND) Public Disclosures Investor Relations Stewardship Policy IRDAI Privacy Policy

    CIN: U66010PN2016PLC167410, IRDAI Reg. No. 158.

    Go Digit General Insurance Limited (formerly known as Oben General Insurance Ltd.) - Registered Office Address - 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, City Survey No.1579, Shivaji Nagar, Pune-411005, Maharashtra | Corporate Office Address - Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru-560095, Karnataka | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.