Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
No, IPO allotment is done by the registrar.
A broker is an intermediary that simply provides the trading platform for IPO application. In an IPO, the broker's role is to submit bids to the exchange.
The registrar is responsible for the entire allocation process. The Registrar finalizes the basis of allotment in consultation with the designated exchanges. Once the basis of allotment is determined, the Registrar instructs the banks to debit the bank accounts of the allottees and arrange for a refund in case of non-/partial allotment.
Topic: IPO Allotment Feedback
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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