Applying for an Initial Public Offering (IPO) in FYERS is completely online and can be done either during the live bidding period or in advance using the Pre-apply option. This feature is available for both Mainboard and SME IPOs (when supported by the registrar) and helps you avoid a last-minute rush during high-demand issues.
The pre-apply option allows you to place your IPO application 2–4 days before the official subscription period begins. Your application remains queued and is automatically submitted when the IPO opens for bidding.
You can track, modify, or cancel your IPO orders anytime under Orders → IPO until the issue closes.
| Scenario | Explanation |
|---|---|
| You miss the pre-apply window | You can still apply anytime during the official bidding period. |
| The IPO is not shown in the pre-apply tab | Pre-apply is available only for IPOs supported by the registrar. |
| You entered the wrong UPI ID | The application will fail; ensure your UPI ID is valid and linked to your bank account. |
| You didn’t get an allotment | Your funds will be unblocked automatically after allotment. |
Last updated: 12 Nov 2025