IPO | BROKER REVIEW | INVESTING | ALGO TRADING | TECHNICAL ANALYSIS

Prabhudas Lilladher IPO Review - Charges, Easy Steps to Apply Online

Prabhudas Lilladher Track Record Of Best Online Stock Broker In India

  • Life

    3.4

    Company Rating

  • Life

    9+

    Cities Covered

  • Life

    40K+

    Orders Per Day

  • Life

    15K Crore

    Daily Turnover

  • Life

    49000+

    Our Client Base

  • Life

    4

    Mobile App Rating

  • Life

    3.4

    Company Rating

  • Life

    9+

    Cities Covered

  • Life

    40K+

    Orders Per Day

  • Life

    15K Crore

    Daily Turnover

  • Life

    49000+

    Our Client Base

  • Life

    4

    Mobile App Rating

 
 
 

Prabhudas Lilladher Account Opening Enquiry


 
 
 
 

Prabhudas Lilladher IPO Review - Charges, Easy Steps to Apply Online

Prabhudas Lilladher is the well-known name of the stockbroking industry as it is one of the oldest stockbrokers of India. Founded by Mr. Prabhudas Lilladher Sheth in 1944 as a financial service provider and very soon emerged as a popular stockbroker of India. Prabhudas Lilladher provides an opportunity to invest in equity, derivative, commodity, currency, mutual funds and IPO. It is a SEBI registered firm as well as a member of BSE and NSE. PL charges different brokerage in various different segments and charges Rs.0 on demat/trading account opening. It provides many free trading software and tools which you can access from your smartphone or desktop.
Prabhudas Lilladher provides the facility to invest in any IPO and it is one of the leading IPO advisory company engaged in the business of IPO advisory as well as distribution of IPO. There are more than 600 IPO advisors are available in this platform. You can check all IPO details such as opening & closing date, price band, issue price etc in this platform.

Initial Public Offering (IPO)?

Initial Public Offering (IPO) is a process by which any private limited company becomes a public limited company and shares of the company are sold to institutional investors. IPO is an efficient way by which a company raises capital from the public to fulfill corporate purposes. Through IPO, for the first time, an unlisted company get listed in stock market. Shares are traded freely in the open market known as free float after public listing of the IPO. Most of the times, it has been seen that, investing in an IPO is profitable.
IPO is the opportunity for the people to be a part of their favorite companies. After public listing, investors having larger no of shares can sell the shares directly to the public.

Features of Prabhudas Lilladher IPO

• Easy and online IPO application.
• Prabhudas Lilladher does not charge any additional amount for IPO application.
• 100% paperless IPO application.
• PL provides IPO funding facility for Retail & HNI’s.
• Live feedback.
• More than 600 well-trained IPO advisors.
• Regular alerts of any upcoming IPO.
No hidden charges.

How to apply for an IPO through Prabhudas Lilladher

Follow below steps to apply for an IPO through Prabhudas Lilladher:
1. Visit ‘eipo.plindia.com’ or simply open PL’s website or app and under distribution tab, click e-IPO.
2. Fill your plclients credentials.
3. Enter your all the required details.
4. Now, select the IPO from the list.
5. Fill the Bid details i.e., quantity and price.
6. Fill the details of your UPI ID.
7. Tick mark the declaration box and click ‘Submit’.
8. Accept the mandate request which you will receive on your UPI app.

After accepting the request, IPO bid amount will get freeze in your respective bank account.
• After IPO allotment, freeze amount will get deducted from your bank account if you get the shares and it will get transfer to your demat account.
• After IPO allotment, if you don’t get shares then freeze amount will get release to your bank account.
• On the day of the IPO allotment, if you get partial shares then those partial shares will get transfer to your bank account and rest of the IPO bid amount will get release.

Prabhudas Lilladher as well as national exchange will send you message regarding order status of IPO.

Frequently Asked Questions


No, short selling is not permitted for an NRI. An NRI investor has to take delivery of shares purchased and give delivery of shares sold.
Prabhudas Lilladher levies an interest of 18% per annum on delayed payments and charges are debited to client DP ledger amount.
PIS stands for Portfolio Investment Scheme which allows NRIs to invest in shares of Indian companies.
Yes, collect account opening form from our representative near to your area, fill that form along with documents submit that form to our representative.
No, only a residing citizen of India are allowed to invest in currency derivative segment as defined in Section 2(V) of FEMA Act 1999.
No, only one name can be registered with trading account. You can open demat account with joint holders.
Max limit for IPO application is 2 lakhs per transaction on UPI.

Prabhudas Lilladher Reviews