Pocketful's Upcoming IPO page provides you with the latest and essential information on upcoming IPOs in India, all in one place. Here, you can easily view the upcoming IPO list, open and upcoming IPO updates, price bands, issue sizes, and important dates. This page helps you identify the right IPO at the right time, so you can make informed investment decisions with thorough research.

What is an Upcoming IPO?

An upcoming IPO refers to a company that is preparing to issue its shares on the stock market for the first time, but is not yet open for subscription. Typically, the company first submits its documents to the market regulator SEBI and launches the IPO after receiving approval. When the IPO opens, investors can apply for shares within a specified period. Key information about the company is made public beforehand, such as:

• Company financial results (revenue, profit, etc.)
• Business model and growth plan
• Price band
• Issue size
• Lot size
• Open and closing dates

It's important to track the upcoming IPO list periodically so investors can plan ahead and apply at the right opportunity.

How to Apply for an Upcoming IPO Online

You can apply for an upcoming IPO during the subscription window through the Pocketful app or website, or via the ASBA facility using your bank’s net banking platform. Below is a clear and accurate procedure for both methods.

UPI Method - Steps to Apply for an IPO via the Pocketful App/Web

Step 1: Log in to the Pocketful App or Website.

Step 2: Go to the “Upcoming IPO” section.

Step 3: Select the IPO you want to apply for.

Step 4: Select the Investor Category (Retail / HNI).

Step 5: Enter the Lot Size and Bid Price. (A cut-off option is available for Retail.)

Step 6: Enter your valid UPI ID.

Step 7: Submit the application.

Step 8: Approve the Mandate Request received on your UPI App on time.

ASBA Method - Steps to Apply for an IPO Using Bank Net Banking

Step 1: Log in to your bank's net banking.

Step 2: Open the "IPO / ASBA" section.

Step 3: Select the IPO name.

Step 4: Enter your PAN, DP ID / Client ID, and bid details.

Step 5: Enter the lot size and price.

Step 6: Submit the application.

The amount will be blocked in your bank account. The money will be debited only after the allotment is received.

Factors to Consider Before Applying for an Upcoming IPO

Company Fundamentals: Before applying for an IPO, it's crucial to understand the company's financial position. Pay attention to revenue growth, profitability, net profit margin, and cash flow over the past few years. Consistently increasing earnings and stable profits indicate a company's strength. Also, consider debt levels, excessive debt can increase future risks.

Industry Outlook: It's important to understand the company's sector and its future outlook. If the industry has long-term growth prospects and stable demand, the risk of an IPO may be relatively low.

Valuation: To determine whether the IPO price band is reasonable, compare the company's valuation with that of listed companies in the same sector. An IPO that comes at a high premium may face short-term pressure.

Purpose of Issue: The company should clearly state what the IPO funds will be used for. If the funds are being used for business expansion or debt reduction, this is considered a positive sign.

Promoter Background & Governance: The promoter's experience, track record, and transparency in corporate governance are important. Strong management and a clean track record increase investment confidence.

Benefits of Applying for Upcoming Open IPOs with Pocketful

Easy & Fast Application: With Pocketful, you can apply for upcoming IPOs directly from the app or web platform. The entire process is digital and completed within minutes.

UPI-Based Secure Payment: When applying via UPI, the funds are blocked in your bank account. The money is debited only upon allotment, ensuring a secure and transparent process.

Real-Time IPO Updates: Pocketful provides you with timely access to the latest upcoming IPO list, including opening and closing dates, price bands, and issue sizes.

Easy Allotment Tracking: You can track your IPO application and allotment status directly from your dashboard, eliminating the need to check multiple platforms separately.

Why Should You Invest in Upcoming IPOs?

Early Entry at Issue Price: The biggest advantage of investing in an upcoming IPO is that you can invest in the company at the initial issue price, which may change after listing.

Listing Gain Opportunity: If the IPO's demand remains strong and market sentiment is positive, it is likely to open at a premium on listing day.

Investing in High-Growth Companies: Fast-growing companies often go public. This gives investors the opportunity to be part of the growth story at an early stage.

Portfolio Diversification: Investing in new sectors and different business models helps your portfolio become balanced and diversified.

Transparency & Public Disclosure: During an IPO, the company is required to make its financial and business statements public, allowing investors to conduct better analysis.

Long-Term Wealth Creation Potential: If the company's fundamentals are strong and management is reliable, stable returns are possible over the long term.

Tips to Increase Your Chances of Upcoming IPO Allotment

Allotment in an IPO depends entirely on subscription. Especially when an IPO is significantly oversubscribed, allotment is done through a lottery system. However, you can improve your chances by following some smart practices.

Apply at the Cut-Off Price: It's always best to choose the cut-off option in the Retail category. This prevents your application from being rejected due to a price mismatch and ensures valid bidding.

Apply in the Retail Category: If your investment amount is up to ₹2 lakh, apply in the Retail Individual Investor (RII) category. In this category, allotment is based on a lottery rather than a proportionate method, providing equal opportunity to smaller investors.

Apply for the Minimum Lot: In highly oversubscribed IPOs, applying for a single lot often receives priority. Applying for the minimum lot required by regulations rather than multiple lots can be a practical strategy.

Applying with Different PANs: Separate applications can be made by eligible family members (who have separate PANs and bank accounts). Only one application is valid for one PAN.

Fill in correct and accurate details: Providing an incorrect PAN, DP ID, Client ID, or UPI ID may result in rejection of the application. Double-check all details before submitting the application.

Approve the UPI Mandate on Time: When applying via UPI, it is essential to approve the mandate request within the deadline. Failure to receive timely approval may result in the application being invalidated.

How to Check IPO Allotment

After the IPO subscription closes, the allotment is finalized by the Registrar. The allotment status is usually available within 2-3 working days. You can check your allotment using the steps below.

How to Check via the Registrar Website

Step 1: Visit the official website of the Registrar of the respective IPO.

Step 2: Select the IPO name.

Step 3: Enter your PAN, Application Number, or DP/Client ID.

Step 4: Click Submit and check the status.

If shares have been allotted, the quantity will be displayed on the screen.

How to Check via the Stock Exchange Website (NSE/BSE)

Step 1: Visit the official website of the NSE or BSE.

Step 2: Open the IPO Allotment / Issue Status section.

Step 3: Select the IPO and enter your PAN or Application Number.

Step 4: Click Submit to check your allotment status.

How to check through Pocketful

If you applied for the IPO through the Pocketful app or web, you can check your application status directly on your dashboard. Upon allotment, shares are credited to your Demat account. If shares are not allotted, the blocked amount is automatically unfrozen.