Be early.
Apply for IPOs in under 2 minutes.
Explore current, upcoming, closed and recently listed IPO information, with a simple path to Maitra's application journey. No paperwork. No application fee.
👤 Already a Maitra client?
Log in, choose the IPO, enter lots and approve the UPI mandate.
Login & Apply →🚀 New to Maitra Wealth?
Open your demat account online with Aadhaar eKYC, then apply for the IPO.
Open Account →Thank you!
A Maitra relationship manager will call you shortly. Want to finish faster? Open your account online now — it takes about 10 minutes.
Open Account OnlineOpen IPOs
Explore currently open issues and select an IPO to view its details and application options.
New IPO listings & market prices
Offer price, listing price and latest available price.
| Company | Issue closed | Volume | Offer price | Listing price | Listing change | Value | Last price | Since offer |
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Best IPO performers
IPO price comparison
Compare offer price, listing price and last traded price where available.
Upcoming & recent IPOs
Track forthcoming issues and review recently closed IPOs.
Two ways to apply with Maitra
Existing clients apply in minutes. New investors open an account first — usually same day — and then apply before the IPO closes.
👤 Existing Maitra client
- Log inUse your client ID on web or the Maitra app.
- Go to IPO → OpenPick the IPO, read the RHP summary.
- Choose category & lotsIndividual (retail) / HNI. Tick "cut-off price" for best allotment odds.
- Enter your UPI IDUPI handle must be in your own name, linked to your bank.
- Approve the mandateAccept the request in your UPI app before 5 PM on closing day. Money is only blocked, not debited.
🚀 New investor
- Keep PAN, Aadhaar (mobile-linked) & bank details readyPlus a signature on white paper.
- Complete online eKYCAadhaar OTP, selfie / IPV, e-sign — about 10 minutes.
- Get your client ID & demat (BO) IDAccount is typically activated within 24 hours of approval.
- Apply for the IPOFollow the client steps on the left. Allotted shares land in your new demat.
- Need help?Leave your number — a relationship manager will guide you in your language.
From bid to listing in about 3 working days after close
Who can apply — and how much
Your category decides your allotment pool. Most investors apply as Retail Individual Investors (RII).
Retail (RII)
Typically 35% of the issue. In oversubscribed IPOs, allotment is by lottery — one lot per winning applicant. Apply 1 lot per PAN for best odds.
Small HNI (sNII)
Part of the non-institutional quota. Minimum application is above ₹2 lakh; allotment by draw of lots of the minimum NII size.
Big HNI (bNII)
Larger NII applications. UPI apply allowed up to ₹5 lakh; above that, apply via ASBA net banking.
Employee / Shareholder
Some IPOs reserve shares — sometimes at a discount — for employees or shareholders of the parent company.
More than an apply button
IPO research notes
Business, financials, valuation vs peers and risks — summarised before every major IPO.
Help in your language
Relationship managers in Tamil, Malayalam, Kannada, Telugu, Hindi & English.
Alerts that matter
Open, closing-today, allotment and listing-day alerts on WhatsApp & SMS.
Branches you can walk into
Offline support across our branch and partner network — not just an app.
Beyond the IPO
Stocks, F&O, MTF, commodities, mutual funds and unlisted shares — one account.
Your money stays yours
UPI ASBA only blocks funds in your bank — nothing is debited unless shares are allotted.
IPO questions, answered
Do I need a demat account to apply for an IPO?
Yes. Allotted shares are credited only to a demat account. If you are new, open a Maitra Wealth demat account online — once activated you can apply for any open IPO.
Can I open an account and still apply for an IPO that is open now?
Usually yes, if your account is activated before the IPO closes. Start your eKYC early — ideally on day 1 or 2 of the bidding window. Leave your number and our team will help you finish in time.
Is there any charge to apply for an IPO with Maitra?
No. IPO applications are free. Normal brokerage and statutory charges apply only when you sell the shares after listing.
What does "cut-off price" mean?
Ticking cut-off means you agree to buy at whatever final price is discovered within the price band. For retail investors this maximises your chance of being considered for allotment. Your bank blocks the amount at the upper end of the band.
Why was my money blocked and not debited?
IPOs use ASBA — the amount stays in your bank account (and earns interest) but is blocked. If allotted, only the allotted amount is debited; the rest is unblocked by T+2.
How do I increase my chances of allotment?
In oversubscribed IPOs, retail allotment is a lottery of one lot per applicant. Apply for one lot at cut-off price; family members with their own PAN and demat can apply separately. Multiple applications under the same PAN are rejected.
How do I check allotment status?
Inside your Maitra account under IPO → Order status, or on the registrar's (RTA) website using your PAN on the allotment date (T+1).
What is the difference between Mainboard and SME IPOs?
Mainboard IPOs list on the main NSE/BSE platforms and usually have a minimum application around ₹14,000–₹15,000. SME IPOs list on NSE Emerge / BSE SME, have larger lot sizes, lower liquidity and higher risk.
Can NRIs apply for IPOs?
Yes, through an NRI demat and trading account linked to an NRE/NRO bank account, subject to the issue's eligibility. Speak to our NRI desk to get set up.
Don't miss the next listing day
Open your demat account today and be ready when the next IPO opens.
