Can I pre-apply for an IPO in FYERS?
Yes, FYERS offers a pre-application feature that allows you to submit IPO applications before the public bidding officially opens. This helps you reserve your IPO bid in advance and avoid delays during high-traffic launch periods.
How pre-application works on FYERS?
- The pre-apply window opens 2 to 4 days before the IPO starts.
- Availability: Visible under the IPO section 'Open' tab with a 'Pre-apply' tag in your FYERS account.
- Application status: Marked as 'Pre-apply' until the IPO officially opens.
- A valid UPI ID and mandate approval are still required to complete the process.
There’s no difference in allotment preference between pre-applied and real-time applications—both are processed as per SEBI guidelines.
What if?
| Scenario | Explanation |
|---|
| You pre-apply but don’t approve UPI | Your application won’t be eligible for allotment until the UPI is approved. |
| The IPO isn’t listed in the pre-apply tab | Pre-apply is available only for selected IPOs, based on issuer and registrar timelines. |
| You want to change your bid amount or lot size | You can modify or cancel your application before the end of the IPO bidding period. |
| You missed pre-apply | You can still apply live anytime during the official IPO window. |
Pre-apply ensures your application is queued early, but it still requires UPI approval before the deadline. Set reminders to avoid missing mandate requests.
Last updated: 11 Jun 2025
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