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Online IPO & Mutual Funds Investments with Geojit 2024

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Geojit BNP Paribas IPO and Mutual Funds Investment
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

IPO Investment through Geojit BNP Paribas

Geojit BNP Paribas as a Stock Broker is no longer offering online IPO application to its clients. After SEBI’s mandate in Jan 2016, all application in IPO and FPO (Initial Public Offering and Follow on Public Offering) has to be 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 Geojit DP account details. After allotment, you can use your Geojit Trading account to trade and sell in your holding of shares.

Current and Upcoming IPO's investment with Geojit BNP Paribas

Step to Invest in IPOs with ASBA

  • Login into your net banking account.
  • Go to Investment options, Select IPO.
  • Under IPO Page – Select the IPO you wish to invest.
  • Provide the required information like PAN No, Demat Account Number and number of shares and bid price (including option to select cut off price).
  • Submit application subject to availability of clear balance in your bank account.

Detail Article on ASBA Process for IPO Investment >> Read

Note: Client having account in those bank who are not offering paperless ASBA application or those client 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 I need to invest in IPO?

To invest in IPO, you need to have:

  • Bank account with Self-Certified Syndicate Bank.
  • DP account with any broker, in this case with Geojit.
  • Trading Account to trade in holding of shares.

Where can I find my Geojit DP Account Number?

You can find Geojit Depository Account Number from welcome letter sent to you , back office software , your monthly demat holding statement or calling Geojit Customer care.

Mutual Fund Investment with Geojit:

Mutual Fund Services with Geojit comes with Invest wisely with us in Lump sum, Systematic Investment Plans (SIPs), Systematic Transfer Plan (STPs), Systematic Withdrawal Plan (SWPs) and New fund offers (NFO 's) across all the asset class - Equity, Debt, Balanced, Tax Saving funds. You can invest in 9,000+ schemes across 40 AMCs.

You can invest in Mutual Funds with Geojit in two easy ways:

  1. With the assistance from their Relationship Managers that help you in choosing a Mutual Fund that meet your needs.
  2. Online via their trading website http://www.grojit.com/. Free research and tips on Mutual Funds is also available online for better decision making.

Geojit PNB Paribas allows you to Invest in MF through the Systematic Investment Plan (SIP).

Geojit Mutual Funds broadly come under 4 categories:

Steps to Invest in Mutual Funds  SIP online with Geojit:

  • Login to your Geojit broking Account.
  • Select Investment Offerings > Mutual Funds.
  • Click on register SIP.
  • Select Fund > select SIP amount and tenure.
  • Confirm your SIP.

What are benefits using mutual funds service from Geojit?

Key benefits with Geojit for investing in Mutual funds are:

  • Schemes from all major fund houses
  • Latest Mutual Fund news, research, recommendations and Fund Manager viewpoints
  • Online and offline transaction facility
  • PAN India Presence for in-person help
  • Dedicated customer help desk
  • 24x7 web-enabled client back office
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Last Updated on 12th Sep 2023