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Firstock IPO Review (Apply Steps, UPI and Allotment Status)

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Firstock Broking Pvt Ltd is registered with SEBI as a stockbroker and Depository Participant. Firstock stands out as India's premier, next-generation investment and trading app aimed at simplifying your financial experiences. With the trust of more than 25,000 active users, Firstock allows you to easily invest in Stocks, Direct Mutual Funds, Futures & Options (F&O), Sovereign Gold Bonds (SGBs), Government Securities, ETFs, and IPOs—all through a single, user-friendly platform.

The Firstock app offers a range of features for traders and investors, including instant account opening, easy login with M-PIN, customisable watchlists, advanced TradingView charts, and real-time price alerts. It also provides tools for strategy building, basket order creation, and in-depth analysis of F&O positions. Furthermore, 

Firstock offers zero brokerage for equity delivery and direct mutual funds, along with transparent pricing for other trades. 

Firstock IPO - App Feature

  • Simple, intuitive design ensuring seamless navigation for both novice and experienced traders
  • Fast, secure, and reliable trading execution with real-time data integration
  • Comprehensive portfolio analytics providing in-depth insights into your investments
  • Dedicated customer support is available directly within the app.
  • Easy participation in Initial Public Offerings for early investment opportunities.
  • Zero-Cost Investing with Firstock IPO Investment. ( soon making live )
  • Buy and sell equities seamlessly with real-time market data

Firstock Broker IPO Process:

To apply for an IPO through Firstock, you can use the Firstock platform to apply for IPOs via ASBA (Applications Supported by Blocked Amount). You'll need to have an existing Firstock Demat and Trading account once you have blocked the Amount, via net banking or through the UPI (Unified Payment Interface) mechanism.

Apply for any IPO by using the Firstock App:

  • Log in to the Firstock platform (either the website or the app).
  • Click ‘More’ > ‘IPO’ to view open IPOs.
  • Choose an IPO and click ‘Apply’.
  • Enter your UPI ID, select quantity (in lots), and price (if applicable).
  • Submit and approve the UPI mandate in your UPI app to block funds.
  • Timing: Apply between 10:00 AM and 5:00 PM on trading days.
  • Fees: No charges for IPO applications via Firstock.

Firstock IPO Charges

Firstock offers zero brokerage on equity delivery and direct mutual fund investments, making it ideal for long-term investors. For intraday and F&O trades, it provides ₹20 per order with no hidden charges, ensuring cost-effective trading for active investors.

Firstock IPO App

Firstock offers two trading platforms, enabling investors to apply for IPOs with ease and convenience through just a few clicks.

  1. Trade via Mobile App

  2. Trade via Website

Note:

Firstock lets investors apply for IPOs without issuing a cheque. Just sign the application form with your bank account number to authorise payment if allotted. If not, funds stay in your account.

Firstock Special Offer

Unlimited Trades @ ZERO Brokerage on Delivery trades

  • Rs 0 brokerage on Delivery.
  • Rs 20 per executed order on F&O and Intraday.

This is a limited-time offer. Open a Free Demat Account online and start trading today.

Frequently Asked Questions

Steps to apply for an IPO in Firstock:

  1. Open the First App on your device.
  2. Log in securely using OTP and MPIN or Biometric authentication.
  3. Tap on the IPO section from the home screen.
  4. Choose the IPO you want to invest in from the list of available offerings.
  5. Enter the required details, including the number of lots, bid price, and your UPI ID.
  6. You will receive a UPI mandate request within 10–15 minutes.
  7. Approve the UPI mandate before 5 PM on the IPO's closing date to complete your application.

 

Once an IPO is listed on the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange), investors can easily sell their shares using the Firstockapp.

The following are the steps for selling the IPO using the Firstock:

  1. Wait for the listing.
  2. Log in to your trading platform.
  3. Locate your IPO stock in your portfolio or by searching for the company's name.
  4. Place a sell order.
  5. Once matched, your shares will be sold into the secondary market, and proceeds will be credited to your trading account.

Note: IPO shares can only be sold after the listing.

Once listed, place a sell order for the stock via Firstock, just like you would for any other stock.

 

Firstock Account Opening Enquiry

Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

Information on this page was last updated on Thursday, February 22, 2024

Special Offer: Experience ZERO Brokerage on Delivery trades with Firstock. Rs 20 Brokerage on Intraday and F&O trades, with no hidden charges. Open Free Demat account with Firstock and start trading today.

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