IPO Investing
Allotment, GMP, ASBA, and listing-day strategy decoded.
Listing Day Strategy for IPOs: Sell or Hold?
Your IPO shares hit your demat and the listing-morning screen moves in seconds. How listing day actually works in India — the special pre-open auction, circuit limits, GMP noise — and how a beginner should decide to sell or hold.
IPO Lock-In Periods Explained: Who Can't Sell, and When
A lock-in period stops promoters, anchor investors and pre-IPO backers from selling a freshly listed stock for a set time. Here is who is locked, for how long, why SEBI insists on it, and why those expiry dates can move the price.
Mainboard vs SME IPO: The Differences
Mainboard and SME IPOs look identical on your broker app, but one is built for you and one is built to keep you out. A plain-English guide to the rules, the ₹2 lakh wall, SEBI's 2025 tightening and the real risks.
Anchor Investors in an IPO: Who They Are, Why They Matter
Anchor investors are large institutions that bid in an Indian IPO one day before retail. What their allocation, lock-in and names tell every retail bidder.
ASBA Explained: Blocked, Not Debited
ASBA in IPOs explained for absolute beginners. Why the SMS says blocked, not debited; how UPI mandates handle the block under the new T+3 timeline; how the ₹2 lakh and ₹5 lakh limits work; and where retail investors still get rejected.
Grey Market Premium (GMP): Useful or Noise?
IPO GMP can show listing buzz, but it is unofficial and often misleading. Learn how to read GMP, QIB demand, anchors and valuation before applying.
How an IPO Works in India: A Beginner's Full Guide
An IPO is the first time a private company sells shares to the public. Here is the full Indian IPO process, from DRHP filing and SEBI clearance through ASBA/UPI bidding, allotment lottery and T+3 listing.
IPO Allotment Process: How It Actually Works
IPO allotment in India explained simply. The SEBI lottery, why one PAN gets one lot, subscription ratios, and what families do to improve allotment odds.
QIB, NII, Retail in an IPO: Categories Explained
QIB, NII and Retail in an IPO explained simply. How SEBI splits the issue 50-15-35, who bids in each bucket, and why one tells you more than the others.
Pre-IPO Investing in India: What Retail Can Actually Access
Pre-IPO investing in India sounds exclusive but only four real venues let retail buy unlisted shares. Here is what each costs, locks up and quietly risks.
Real trading, explained simply.
Daily videos showing how trading actually works in real life — walked through step by step, in plain language, by VRD Rao.