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

SBICAP Securities IPO Review - Charges, Easy Steps to Apply Online

SBICAP Securities Track Record Of Best Online Stock Broker In India

  • Life

    3

    Company Rating

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    700+

    Cities Covered

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    2 Lacs+

    Orders Per Day

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    10 Lacs+ Crore

    Daily Turnover

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    10 Lacs+

    Our Client Base

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    3.7

    Mobile App Rating

  • Life

    3

    Company Rating

  • Life

    700+

    Cities Covered

  • Life

    2 Lacs+

    Orders Per Day

  • Life

    10 Lacs+ Crore

    Daily Turnover

  • Life

    10 Lacs+

    Our Client Base

  • Life

    3.7

    Mobile App Rating

 
 
 

SBICAP Securities Account Opening Enquiry


 
 
 
 

SBICAP Securities IPO Review - Charges, Easy Steps to Apply Online

SBICAP Securities Limited is the stock broking brand of India’s largest bank State Bank of India (SBI) and one of the subsidiaries of SBI Capital Markets Limited. SSL offers financial products to the retail customers, HNIs and institutions. Incorporated in 2006 as a full-service broker and allows you to invest in BSE and NSE. Tagline ‘A Tradition of Trust’ shows the dedication of SBI to give you world class services with full security. You can invest in equity, derivative, currency, mutual fund, Bond, ETF and NCDs on its platform. It also provides home loan, car loan and loan against securities.
SSL offers 3-in-1 account facility to Resident Indians and Non-Resident Indians (NRIs) at affordable price in which Bank account with SBI, Demat and Trading account with SBICAP Securities. SBI has more than 24000 branches across India, 191 branches overseas in 19 different countries including 141 branches of SBICAP across India. You can transact online and offline both by using trading software.

What do you mean by Initial Public Offering (IPO)?

This is the process by which any company can raise funds from the public by selling securities in the primary market and a private limited company get converted into public limited company. IPO is the process to raise capital by selling the shares of the company to institutional investors. To fulfil the corporate purposes and to expand the company’s business processes, IPO is issued by private limited companies. In other words, it is an opportunity for the common people to be a part of their favourite companies. Most of the times it has been seen that, after public listing of IPO, share price of the company gone up but it is uncertain.

Types of IPO:

Mainly there are two types of IPO which are as follows-
1. Fixed Price Offering: Under fixed price, investors know the price of share before company goes public.
2. Book Building Offering: Under book building offering, the company offers 20% price band on the stocks to the investors.

Categories of Investors participate in the IPO bidding:

After clearance from SEBI, any company can issue an IPO. Many companies also reserve some shares for the employee of that company. Every company reserve different percentage for the various different investors. There are three major types of investors:
1. Retail Individual Investors (RII)
2. Non-Institutional Investors (NII)
3. Qualified Institutional Buyers (QIB)

SBICAP Securities Limited IPO

SBICAP Securities Ltd. does not offer online IPO application facility through its platform, you can invest by using net banking of your SBI bank account. If shares are allotted to you then the shares are credited in your SBICAP Securities demat account.
• By using one SBI bank account, you can apply for up to 5 IPO applications if you have 5 demat accounts in the name of family or friends.
• It is recommended that for maximum allotment of IPO, you have to open and use the demat account in the name of your family member.

IPO timing of SBI:

 

From

Till

Online IPO Application timing

9 AM (On IPO opening date)

2 PM (On IPO closing date)

Offline Application- Submitting in Branch

9 AM (On IPO opening date)

3 PM (On IPO closing date)

 

Steps to apply IPO through SBI Net Banking:

It is a very simple and easy process; you can apply for IPO through SBI Net banking and allotted shares get credited to your SBICAP Securities Demat account. Kindly follow the below steps:
1. Login to your SBI net banking account.
2. If its your first time, then add yourself as an applicant:
• On the top of the menu, click on ‘Profile’ tab.
• Click ‘Manage IPO Applicant’.
• Enter your SBI net banking password and click submit.
• Enter the required information; Name, PAN, depositary details and click ‘Add’.
• Recheck the details and click confirm.
• Enter the OTP received on your registered mobile number and click ’confirm’.
• You will receive a confirmation message after addition.
3. Go to E-services then click on demat and ASBA services.
4. Click on ‘IPO enquiry’ and read the terms and conditions then click accept button.
5. Now, select the IPO from the list.
6. After reading the letter then accept it.
7. Now, select investor category.
8. Enter bid price, total quantity and click ‘submit’.
After successful application, you will receive a confirmation email/message from the SBI and application amount will be blocked in your account. If you get the shares on allotment then that amount will be debited from your account otherwise it will be unblocked. Allotted shares will be credited on your SBICAP demat account.


Frequently Asked Questions


At 2.45 pm, SBICAP Securities auto-square off all the open intraday positions.
SBICAP Securities charges 0.05% for intraday trades and it is also known as Margin Intraday Square-up or MIS trades.
SBICAP Securities charges 0.03% for currency futures trading and Rs.30 per lot for currency options trading.
SBICAP Securities charges Rs.850 on opening of 3-in-1 account.
No, currently this facility is not available. You can not invest in commodity segment through SBICAP Securities as it is not a member of national exchange MCX.
Yes, you can place cover order and bracket order on SBICAP Securities.
SBICAP Securities charges 0.50% for equity delivery trade on SBICAP Securities.
It comprises of 3 balances; lien, ledger and collateral balance. • Lien- It is the total balance blocked by you for the trading purpose. • Ledger- After setting off the trade amount or outstanding dues, total balance available in your account is ledger balance. • Collateral- It is the notational valuation of your demat holdings, you can use this to place order.
Kindly follow the below steps: • Go to ‘download’ tab. • Fill and sign the ‘change in designated bank account’. • Attach the scanned copy of cancelled cheque of your bank account you wish to add. • You can send the scanned copy of your cheque for the verification purpose.
Limit, order, SL-L and SL-M are the types of order to be selected.

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