Book Building and Fixed Price Issue are the two types of Initial Public Offerings (IPOs) through which a public company can raise money in the capital market.

"Book Building" means a process undertaken by which a demand for the securities proposed to be issued by a body corporate is elicit and built up and the price of the security is assessed on the basis of the bids obtained for the quantum of securities offered for subscription by the issuer. This method provides an opportunity to the market to discover the price for securities.

In a fixed price issue the issue price is pre ascertained by the issuer.

Manashvi Securities Ltd facilitates the IPO application for all of its clients through offline mechanism

How to apply in IPOs?

  • One needs to have a demat account (preferably with Manashvi Securities Ltd)
  • A Copy of PAN CARD
  • Other basic essentials such as contact details, Bank details (Account / MICR code etc)
  • Duly filled and signed Application Form
  • Cheque in favor of the issuer of IPO for the suitable amount

Why IPO’S through Manashvi Securities Ltd?

  • Research and Advice on new issues
  • Regular updates on ongoing and forthcoming issues to investors
  • On Allotment the shares can be sold hassle free through our trading platforms for Clients Registered with US and shares transferred through DP accounts