Tradejini IPO Review | Charges, Easy Steps to Apply Online and Details
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Tradejini IPO Review - Charges, Easy Steps to Apply Online
Tradejini is the Bengaluru-based online discount broker founded by 2 most famous and experienced traders of Stockbroking industry named as Mr. Kishore Kumar J and Mr. Dinesh Kumar M. Tradejini is fully dedicated to provide you world-class services in a very low brokerage fee. As a SEBI registered broker, it provides the facility to invest in BSE, NSE, MCX and MCX-SX. Tradejini facilitates you to invest/trade in equity, derivative, currency, commodity and mutual fund. It does not allow online IPO application for trading IPO stocks on its platform but you can invest in IPO through your bank account and trading IPO stocks allotted to you will get credited to your Tradejini demat account.
For intraday trades, Tradejini charges brokerage of Rs.20 per executed order or 0.05% of turnover whichever is lower. Tradejini is a digital platform offers 100% paperless demat and trading account on its platform. It is the depositary participant of CDSL. It aims to provide you every modern service in low charges so that you can increase your financial earning. Tradejini offers many free trading software and tools on its platform such as Omnesys Nest, NSE Now, Now Mobile App, Flash, brokerage calculator, margin calculator, options calculator and referral calculator. Apply IPO with zero Tradejini IPO charges.
What is Initial Public Offering (IPO)?
Initial Public Offering (IPO) is the process by which any company can raise funds from the public to fulfill the corporate purposes by selling securities in the primary market and in this way, a private limited company get converted into public limited company. To enhance the business processes, IPO is the key method though which any company can raise capital by selling the shares of the company to institutional investors. It is also an opportunity for the common people to own a part or unit of their favourite companies in the form of shares.
How to buy IPO in Tradejini?
Through IPO, an unlisted company get listed in stock market for the first time. Any company offers IPO trading strategy to trade their shares directly to the investors. After public listing of any IPO trading platform, prices can go up or down dependent on market and company’s performance. There is no Tradejini IPO apply charges or IPO application fees
Types of IPO
Mainly there are two types ways for Tradejini IPO apply which are as follows-
1. Fixed Price Offering: Under fixed price offering, investors already know the price of share before company goes public as the company going public determines a fixed price at which its shares are offered to investors.
2. Book Building Offering: It is the process used in IPO trading strategy to discover efficient price of shares in which the company offers 20% price band on the stocks to the investors.
Categories of Investors participate in the IPO bidding
After SEBI clearance, any company can issue an IPO to fulfill the prime objective. Most of the companies used to reserve some percentage of shares for the eligible employees of that company. Every company reserve different percentage of shares for the various different investors. There are three major types of investors:
1. Retail Individual Investors (RII) – 35%reservation
2. Non-Institutional Investors (NII) – 15% reservation
3. Qualified Institutional Buyers (QIB) – 50% reservation
Tradejini IPO
Tradejini does not offer online tradingview IPO application facility through its platform, you can invest by using ASBA (Application Supported by Blocked Amounts) facility which is already available in the net banking of your respective bank account. While applying in an IPO trades, you need to fill all the details along with Tradejini demat account details and after allotment, shares will get credited to your demat account.
How to apply for IPO in Tradejini?
It is a very simple and easy process; you can apply for IPO via Net banking of your respective bank account and allotted shares will get credited to your Tradejini Demat account.
Follow the steps to apply IPO through Net Banking (ASBA):
1. Open the website of your respective bank account.
2. Login to your net banking account.
3. Visit ‘Invest in IPO’ section.
4. If you are applying for the first time, then add yourself as an applicant:
• Click on ‘Profile’ tab given on the top.
• Click ‘Manage IPO Applicant’.
• Enter your net banking password and click submit.
• Enter the information; Name, PAN, depositary details (Tradejini demat account 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 via SMS and email.
5. Click on ‘IPO enquiry’ and read all the terms and conditions carefully then click accept button.
6. Now, select the IPO from the list you would like to apply.
7. Enter the number of lots and price.
8. Enter bid price, total quantity and click ‘submit’.
After successful application, you will receive a confirmation email/SMS from your respective bank and application amount get blocked in your account. If you get the shares on allotment then only blocked amount will be debited from your account otherwise it will be unblocked. Allotted shares will be credited on your Tradejini demat account. There are several best IPO trading platform and IPO trading platform available you can choose according to your trading requirements.
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Frequently Asked Questions
An IPO is your mode to create wealth by picking quality stocks and investing in competitive prices. This way, you may also get stock trading appreciation benefits in the future.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
Yes, call and trade facility is available on Tradejini platform, you need to call at +91-80-26086600 and request executive to place order in place of his/her.
Buying options is typically doesn't require margin, but selling naked puts may require clearances and a margin account.
No, Tradejini offers zero balance amount, there is no need to maintain any balance to trade.
While margin loans as trading can be useful and convenient, they are by no means risk free.
Equity, Currency and Commodity Derivatives: T+1 day
Equity Cash segment: T+2 days
Yes, contact at tradejini contact number customer care executive will assist you for the same.
Yes, there is too many brokers in India which offer NRI trading services for NRI (Non-Resident Indian).
While margin loans as trading can be useful and convenient, they are by no means risk free.
Buying options is typically doesn't require margin, but selling naked puts may require clearances and a margin account.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
Yes, Tradejini offers advisory services to their clients.
Margin trading offers greater profit advantage potential than traditional trading but also greater risks.
Margin trading offers greater profit advantage potential than traditional trading but also greater risks.
Under this segment, stocks are compulsory settled by delivery. For intraday trades, netting off is not allowed.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
Kindly follow the below steps:
• One can call us at +91-80-40204020 or submit a request at help@tradejini.com for the procurement of client master report (CMR) from Tradejini.
• Post procuring the report, submit it to the other broker from whom you intend to transfer the stock along with a Delivery Instruction Slip (DIS).
• Kindly procure a delivery instruction slip (DIS) from the other broker, fill and submit it to the same broker.
• DIS is a document instructing a broker to initiate transfer of shares from current demat to another demat account.
• On receiving CMR & DIS, other broker will transfer the securities to Tradejini demat account.
• CMR includes following documents – Bank details, client name, date of birth, depositary participant client id, depositary participant id, email id, mobile number, nominee details, permanent and communication address.
Call and trade is offered by broker as it is an alternate option to place orders in which broker will trade in place of their client when any client call and allow the trader to place order.
In-Person Verification (IPV) is regulatory requirement by SEBI to verify the authenticity of applicant before activating a demat/trading account.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
Yes, Tradejini offers technical analysis tools such as indicators, study-lines and scanners.
The biggest risk from buying on margin trade is that you can lose much more money than you initially invested.
Tradejini has started a referral program wherein any client (referrer) who refers a new client (referee) will get 10% of the brokerage paid by the referee client for lifetime.
Orders placed on Saturdays, Sundays, and other market/public holidays will be treated as orders placed on the next business day.
Yes, contact at tradejini contact number customer care executive will assist you for the same.
Buy today & sell tomorrow (BTST) is applicable when any investor buys the stock today which is ‘T’ day and sells it to next day which is T+1 day.
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