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Finvasia is providing IPO support for retail, NRI and Institutional investors. The Company is providing IPO Research and Expert guidance to its customers.
Finvasia as a Stock Broker is not directly providing IPO Investment service, however, if you have a demat and trading account with Finvasia, you can still apply in IPOs. After SEBI’s mandate in Jan 2016, all application in IPO and FPO (Initial Public Offering and Follow-on Public Offering) has to be the channel through ASBA (Applications Supported by Blocked Amount) process through Self-Certified Syndicate Bank (SCSB).
You can apply in IPOs with any of the self-certified syndicate banks by providing Finvasia DP account details. After allotment, you can use your Finvasia Trading account to trade and sell in your holding of shares.
Finvasia is offering Free Demat account - No AMC for a demat account as well. Buying and selling IPO holding is with zero brokerage is a competitive advantage with Finvasia.
Step to Invest in IPOs with ASBA using Finvasia Demat account
Detail Article on ASBA Process for IPO Investment >> Read
Note: Client having an account in those banks who are not offering paperless ASBA application or those clients who do not do online banking has to fill the physical application and submit to syndicate member for onward submission to client’s bank for blocking required amount in client ‘s bank account.
What type of account do I need to invest in IPO?
To invest in IPO, you need to have:
Where can I find the Self-Certified Syndicate Bank branches list?
List of Self-Certified Syndicate Banks under the ASBA facility are available on SEBI, NSE and BSE Sites.
SEBI List of SCSB >> List of Self Certified Syndicate Banks
NSE SCSB >> List of Self Certified Syndicate Bank
BSE SCSB >> List of Self Certified Syndicate Bank
Where can I find my Finvasia DP Account Number?
You can find Finvasia Depository Account Number from welcome letter sent to you, back office software, your monthly demat holding statement or calling Finvasia Customer care number.
You need to provide following information when submitting IPO application via ASBA process.
Finvasia as stock broker also providing Mutual Funds Service. Finvacia is active member of Association of Mutual Funds in India (AMFI) -ARN#103331. The Compan is providing paperless and worry-free Mutual Funds investment. With Finvasia, you can opt simulated plan or pick your own funds.
The SIMULAT is programs which understand your investment requirements, provide an intelligent solution for your investment need, guide and monitor your investment to close to achieve your goals. The SIMULAT program is common which takes input from investors like objectives, your income and risk appetite. Recommend a portfolio to invest in, after investment, its keep monitor your portfolio and advice in case you need to do changes to achieve your goals. Pick your own funds - in this, you can choose your own fund and start investing in the lump sum or start SIP investment.
Finvasia is also supporting SIP, SWP, STP plans and have a complete seprate portal for mutual funds - mf.finvasia.com.
Login to your Finvasia broking Account.
Select Investment Offerings > Mutual Funds.
The select fund, schema type, plan type> select amount or units
Review and Confirm
Zero, Mutual Funds investment with Finvasia is Free.
Yes, Finvasia is providing MF SIP facility.You can invest lumpsum or SIP.
Detail Article on How to invest in Mutual Funds >> Read
Last Updated on 5th Sep 2023
