Looking to the growing demand of IPO among retail investors, many brokers have now started offering pre-IPO apply facility to allow users to place an early IPO application before its actual opening date. Once the IPO opens for subscription, the broker sends the bid details to the respective exchange. Here is a list of best pre-IPO brokers in India;
- Upstox: Upstox not just offers Pre-IPO Apply feature but also facilitates customers to apply or pre-apply in an IPO using Whatsapp.
- Paytm Money: Paytm Money app platform has a Pre-open IPO Applications window feature to allow users to apply in an IPO 24*7 before its opening date. The platform provides comprehensive IPO application features such as IPO apply on a single click, track live IPO subscription, and apply under the shareholder category.
- Groww: Groww, an online discount broker allows users to make pre-IPO apply order on the Groww app.
- Fyers: In Feb 2022, Fyers has introduced pre-apply for IPO feature to facilitate customers to apply for an IPO 24*7 once the Pre Apply option is enabled.
