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What will be the benefit to me if I apply for an IPO under IPOSmart?

April 26, 2017benefit IPO iposmart

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What will be the benefit to me if I apply for an IPO under IPOSmart?

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• The investor gets the convenience to invest in IPOs either through Internet banking or branches. • The application money stays in the account of the investor till allotment and hence he/she continues to earn interest in his/her account. • In case the investor does not get full allotment of the shares applied for, the lien or the block will be removed for the remaining amount, which the investor cans use instantaneously.