To apply for an IPO through the Samco Trading App, follow these simple steps and start your investment journey. 

Step-by-Step Guide

• Open the Samco Trading App: Download and open the Samco Trading App from the Google Play Store or the App Store.
• Access Your Profile: Log in to your account and access your profile within the app.

• Navigate to Apply IPO: Find the IPO application section within the app’s interface.

• Select the Desired IPO: Choose the IPO you want to apply for from the list of available options.

• Specify the Quantity: Enter the quantity of shares you wish to apply for.
• Provide Your UPI ID: Input your UPI ID for payment processing.

• Agree to Terms & Conditions: Review and agree to the terms and conditions for IPO application.
• Submit Your Application: Complete the application process by submitting the required details

• Approve the Mandate Details: If prompted, approve the mandate details for the IPO application.
• Confirmation: Upon completion, you will receive a confirmation that your application has been successfully submitted

By following these steps, you can easily apply for an IPO through the Samco Trading App.

Check out this video tutorial on how to apply for an IPO through Samco Trading App.

The app’s user-friendly interface and powerful features make it a convenient platform for trading and investing in various financial instruments. With access to market insights, fast trading capabilities, and a range of investment options, Samco’s app provides a comprehensive solution for stock market participants. You can download the Samco Trading App from Google Play Store or the App Store.

The post How to Apply for any IPO through Samco Trading App first appeared on Support | Samco.

An Initial Public Offering (IPO) is the first time that the stock of a private company is offered to the public to purchase. IPO’s are often issued by smaller companies seeking more capital, but they can also be done by large private firms looking to be publically traded. IPO’s are also possibly done to monetize the investments of early private investors. The process of an IPO is generally known as “Going Public”
In an IPO the issuing company takes the help of an Underwriting firm to determine the following:

• What type of security to issue
• The best offering price
• The number of shares to be issued
• The correct time to bring it to the market

Watch this video to understand what is IPO

Advantages of an IPO

• The company has cheaper access to Capital
• Increase in the prestige and public image of the company due to high exposure
• Helps attract better management and employees through liquid equity
• Increasing and diversifying the equity base.
• Creating different financing opportunities: equity, cheaper bank loans, convertible debt

Disadvantages of an IPO

• Significant account, marketing and legal costs to be incurred
• Disclosure of discreet financial and business information which can be useful for competitors, suppliers and customers
• Loss of control
• A lot of time, effort and attention needs to be given to the management
• Risk of not meeting the target of required funding

The post What is an IPO? Advantages and Disadvantages of an IPO first appeared on Support | Samco.

1. Login to your Kotak Net Banking
2. Choose ASBA from the “More” Menu on the top right
3. If you are applying for the 1st time you need to register by entering the details like PAN. You will also need to enter the 16 digit “Demat Account” number where the shares will be transferred if the allotment is successful.You can get the demat account number from SAMCO Star. After Login, on top-right corner, click on the dropdown with the client’s name on it & select “My Profile” as shown below:
4. This shall open a new window, where you can check the “Demat account number” or “DP ID” or “DP Beneficiary ID”. It would be a 16 digit number, which would be combination of 8 digit DP ID (for SAMCO customers, this would be fixed at 12054200) and 8 digit DP Beneficiary ID which is unique for each client.
5. Please enter “SAMCO Securities Limited” for DP Name, and your own name in case of “Beneficiary ID”. Alternatively, the DP ID can also be taken from the transaction cum holding statement sent via mail by SAMCO Securities Ltd.
6. Enter the DP Details to register for ASBA using Kotak Bank
7. Click on “Apply Now” on the left to initiate the IPO application
8. Now, enter the no of shares you wish to apply and the maximum bid
9. Now Click on Confirm
10. This shall complete the registration process.

Watch this video to understand what is IPO and ASBA

The post How to apply for IPO through ASBA using Kotak Bank? first appeared on Support | Samco.

 

Watch this video to understand what is IPO

The post How to Apply For Online IPO through ASBA using SBI? first appeared on Support | Samco.

1. Login to your Net Banking Page 
2. Now Click on “Investments and Insurance” & Select “Invest Online” 
3. Click “Invest in IPO Option”.
4. Check the Account number and click on Submit
5. You will see your Details. In customer name remove “Mr.” or any other words before your name. Tick on “I accept & agree to the Terms & Conditions” & Click on Submit.
6. After this, you will need to enter the numbers corresponding to the alphabets on the back of your debit card  & enter the OTP received on your mobile number and click on Submit.
7. Now Select the IPO you wish to apply and click on Go.
8. Depository Details – Select Depository as CDSL. SAMCO is a Depository Participant (DP) with CDSL. Enter DP Name as SAMCO. Enter your 16 digit Beneficiary Account Number.You can get the demat account number from SAMCO Star. After Login, on top-right corner, click on the dropdown with the client’s name on it & select “My Profile” as shown below:

   

9. Please enter “SAMCO Securities Limited” for DP Name, and your own name in case of “Beneficiary ID”.

   

   Alternatively, the DP ID can also be taken from the transaction cum holding statement sent via mail by SAMCO.

   

10. Click on Place Order and Fill the All the details and then Press on Submit button.

Watch this videos to understand what is IPO and ASBA

The post How to apply for Online IPO through ASBA using ICICI Bank? first appeared on Support | Samco.

An Offer for sale is a mode whereby promoters and/or large institutional investors sell their holdings in companies via the stock exchange bidding mechanism. The OFS mechanism enables a market-driven transparent bidding process.

How can I apply for shares in OFS?

You would need a SAMCO trading and demat account to invest in an OFS. In order to place a bid in an ongoing offer for sale, clients should raise a ticket with the SAMCO Support Help desk – Trading and Dealing support giving relevant details about client code, bid quantity, bid price, etc. Within 30 minutes of raising a Support ticket, client’s shall receive a call from the SAMCO Dealing team confirming the details of their bid. On verification, the bid shall be placed.
OFS bids require 100% cash margin. In case your account does not have adequate case margin – your bid shall be rejected. In case your bids are accepted, the relevant margin from your trading account will be deducted. For Eg. if your trading account had a margin of Rs. 5,00,000 and you made a bid for Rs. 1,60,000 then your normal SAMCO trading account margin would be reduced to Rs. 3,40,000 and Rs. 1,60,000 would be allocated to your OFS bid.
What is discount for retail investors in OFS?
Retail investors are sometimes offered a discount on the floor price, especially in PSU OFS’. The discounted price is one of the key reasons to buy shares during an OFS and not from the secondary market.
How much can retail investor apply for in OFS?
Retail investors can apply for an amount up to Rs. 2,00,000 in case of OFS. In case the bids exceed Rs. 2,00,000 then the bids shall not be in the retail category but in the Non – Institutional Investor category.
What kind of order can be placed for applying in OFS?
Only Limit Orders can be placed while bidding for OFS.
What is floor price in OFS and what is its importance?
Floor price can be defined as lowest price price at which bids can be made in an OFS. Any bids placed below the floor price will be rejected. It is not mandatory that the floor price is always disclosed. Where floor price is not announced, there is no price band applicable for the orders placed under OFS.
What are expenses and charges applicable in OFS?
The following charges are applicable for an OFS – Securities Transaction Tax STT, Exchange Transaction Charges and Brokerage.
When are shares received in Demat account in case of OFS?
Successful bidders shall receive shares in their DEMAT account on allotment on T+2 day, where T is the day of OFS issue.
When shall funds be released in OFS? 
In case shares are not allocated to bidders, funds shall be received on T+1.

Watch this video to understand what is OFS

Additional Help Links

• SAMCO Support Helpdesk

The post What is an Offer for Sale – OFS? How to apply for OFS with SAMCO? first appeared on Support | Samco.

1. Login to your Net Banking account with an SCSB Bank

2. Go to the option of either “ASBA” or “Online IPO’ or “Investments” and select IPO

3. If you are applying for the 1st time you need to register by entering the details like PAN. You will also need to enter the 16 digit “Demat Account” number where the shares will be transferred if the allotment is successful.
You can get the demat account number from SAMCO Star. After Login, on top-right corner, click on the dropdown with the client’s name on it & select “My Profile” as shown below:

This shall open a new window, where you can check the “Demat account number” or “DP ID” or “DP Beneficiary ID”. It would be a 16 digit number, which would be combination of 8 digit DP ID (for SAMCO customers, this would be fixed at 12054200) and 8 digit DP Beneficiary ID which is unique for each client.

Please enter “SAMCO Securities Limited” for DP Name, and your own name in case of “Beneficiary ID”.
Alternatively, the DP ID can also be taken from the transaction cum holding statement sent via mail by SAMCO Securities Ltd.

Once you’ve located your DP and BO ID, enter the details in your banks ASBA registration form, click on submit and complete the registration.

4. After the registration is successful, one should click on “Current Issues” to check the ongoing IPO for application. Select the Investor Category as Individual, select the Demat Account and bank account number. Enter the required quantity and the price at which the application needs to be done. The total amount would be computed.

Click on Submit and after confirmation, your Online IPO application is complete.

Watch this videos to understand what is IPO and ASBA

The post How to apply for Online IPO through ASBA? first appeared on Support | Samco.

1. Login to your HDFC Online Net Banking account
2. On the left side, click on “Request” & Select the “IPO Application” Option in the drop down  
3. Now, click on “Continue” on the next  tab
4. Select “IPO Application”. You will be directed to the HDFC Securities page where you can check the current IPO issue names. Select the IPO and Click on Apply.
5. Now, this will redirect you to the order placement page.
6. Select Investor Status as IND RETAIL. Click on OK.
7. Depository Details – Select Depository as CDSL. SAMCO is a Depository Participant (DP) with CDSL. Enter DP Name as SAMCO. Enter your 16 digit Beneficiary Account Number.You can get the demat account number from SAMCO Star. After Login, on top-right corner, click on the dropdown with the client’s name on it & select “My Profile” as shown below:
8. This shall open a new window, where you can check the “Demat account number” or “DP ID” or “DP Beneficiary ID”. It would be a 16 digit number, which would be combination of 8 digit DP ID (for SAMCO customers, this would be fixed at 12054200) and 8 digit DP Beneficiary ID which is unique for each client.
9. Please enter “SAMCO Securities Limited” for DP Name, and your own name in case of “Beneficiary ID”. Alternatively, the DP ID can also be taken from the transaction cum holding statement sent via mail by SAMCO Securities Ltd.
10. Confirm these details to complete your IPO Application.

Watch this videos to understand what is IPO and ASBA

The post How to apply for Online IPO through ASBA using HDFC Bank? first appeared on Support | Samco.

One can apply for an IPO through SAMCO by following the below steps:

1. Visit the IPO page through the link provided in the SMS / E-mail or through our Back Office – SAMCO Star.
2. Next, Select  the “Corporate Action” on the Menu page and click on IPO
3. You will see the screen below, where you can check the current ongoing IPOs. For the first time you can check the SAMCO Recommendation and the Target Price by our dedicated Research Team.
4. Click on “Apply” to initiate your IPO Bidding Process.
5. On the next screen, you will see the bid entry window. The minimum lot size and the cut-off price would be selected by default. You can change the bid quantity in multiples of the Lot Size and enter the price between the minimum and maximum price.

Next, enter the VPA (Virtual Payment Address) / UPI ID from the given list. Please use your own personal UPI ID else the application will get rejected.

5. Now tick the Checkbox to accept the declaration and Press the Submit button to proceed with your application.
6. Next, you will receive a notification in your UPI APP.

7. Click on the notification and you will see a pending mandate request. Click on proceed and accept the mandate.

8. You can check the status of your application on the Order Status Page.

9. You will receive an SMS from NSE confirming your application at the end of the day.

Watch this videos to understand what is IPO and ASBA

Important Points:

1. Only Individual and HUFs can bid for the IPO using UPI 2.0 enable app
2. The bidding will happen in the retail category where the IPO application amount cannot exceed Rs. 2,00,000.
3. Currently, only the following 9 extensions of the UPI 2.0 enabled apps are allowed for bidding:
   1. @upi
   2. @axisbank
   3. @sbi
   4. @citi
   5. @citigold
   6. @okhdfcbank
   7. @hsbc
   8. @icici
   9. @ybl
4. One can check the above UPI list as well as the banks eligible for the UPI bidding from the NPCI Website.
5. Please note the amount would be blocked and not deducted from your account and the same would be released if there is no allotment to your demat account.
6. One can visit the NSE exchange website to check the details of the current IPO as well as the upcoming IPOs.
7. The application is not complete until the mandate is successfully approved.
8. One can verify the application details even through the exchange by registering on the exchange website:
9. One can view the UPI based ASBA process video to know more about IPO applications through UPI.
10. The order needs to be entered through the SAMCO portal between 10 a.m. to 5 p.m. on the working days of the IPO.
11. The UPI Mandate can be accepted till T+1 day after the issue expiry day up to 12 Noon.
12. SAMCO does not charge any fees for the IPO application.

Important Links
Why Samco is the Best Demat Account in India?
Advantages of a Demat Account
Understanding a Demat Account statement
Do’s & Dont’s of a Demat Account
How to use a Demat Account?
Detailed Demat Account charges
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The post How to apply for an IPO online through Samco using UPI? first appeared on Support | Samco.