Tracxn Technologies Limited
To be announced

Retail Investor can invest upto Rs 2,00,000 in IPO


About the Company

Prospectus Document


Dates

Offer End : -
Allotment Finalisation : -
Refund Initiation : -
Listing : -

How to Apply for IPOs on Paytm Money

Step 1
Once KYC is done, enter your bid details (quantity, price & no. of bids) and submit UPI ID.
Step 2
Accept the “Block Funds” request on UPI app
Step 3
If allotted, final amount will be debited otherwise, it will be unblocked.

The Bidding Process

  • Applying for an IPO is easier than ever with Paytm Money, in just a few clicks your application is processed. You can bid for any IPO through Paytm, the bidding process is simple and hassle free. Every company has a lot size decided & you can buy in multiples of the decided lot.
  • If lot size is 15, then you have to bid for multiples of 15 share like 30,45,60 and so on.
  • The maximum subscription amount for retail investors is 2 lakh.
  • Any bid can be at a desired price or cut off price given by the company.

How to bid on App

  • Enter the number of shares you wish to buy, as per the lot size.
  • You can apply at the cut off price set by the company or bid for a desired amount within the price band.
  • Maximum three bids will be accepted.
  • You then need to enter the UPI ID on Paytm Money’s IPO application form.

Investing using UPI

  • You will immediately get a fund block request on your UPI for the submitted IPO application.
  • The funds will be blocked in your bank account until allotment when it is debited.
  • The limit for IPO application is Rs 2 lakh per transaction on UPI.
  • On allotment of the shares, the money will be automatically debited.
  • If the share aren’t allotted the blocked funds will reflect back into your account.