{"id":14271,"date":"2025-01-22T06:03:59","date_gmt":"2025-01-22T06:03:59","guid":{"rendered":"https:\/\/wp-api.pocketful.in\/blog\/?post_type=ipo&#038;p=14271"},"modified":"2026-05-08T12:43:30","modified_gmt":"2026-05-08T12:43:30","slug":"ipo-application-eligibility-criteria","status":"publish","type":"ipo","link":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/","title":{"rendered":"IPO Application Eligibility Criteria:"},"content":{"rendered":"\n<p>Investing in an IPO allows individuals and institutions to become shareholders in a company going public. IPOs offer a chance to invest in high-growth companies from the start, thus creating opportunities for both retail and institutional investors. Participating in an IPO is not as simple as it seems; investors must meet certain eligibility criteria and requirements. Whether you are an individual making your first IPO investment or an institutional investor seeking a significant stake, knowing the eligibility criteria is important for a smooth application process.<\/p>\n\n\n\n<p>This blog will outline the important requirements for various investors, discuss other factors and guide you on how to successfully apply for an IPO.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#What_is_an_IPO\" title=\"What is an IPO?\">What is an IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Who_Can_Apply_for_an_IPO\" title=\"Who Can Apply for an IPO?\">Who Can Apply for an IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Eligibility_Criteria_for_Companies\" title=\"Eligibility Criteria for Companies\">Eligibility Criteria for Companies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Basic_Eligibility_Criteria_for_IPO_ApplicationEligibility_Criteria_for_Retail_Investors\" title=\"Basic Eligibility Criteria for IPO Application\/Eligibility Criteria for Retail Investors\">Basic Eligibility Criteria for IPO Application\/Eligibility Criteria for Retail Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Additional_Eligibility_Factors\" title=\"Additional Eligibility Factors\">Additional Eligibility Factors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Eligibility_Criteria_for_Institutional_Investors\" title=\"Eligibility Criteria for Institutional Investors\">Eligibility Criteria for Institutional Investors<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#How_to_Check_IPO_Allocation_Status\" title=\"How to Check IPO Allocation Status\">How to Check IPO Allocation Status<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#Frequently_Asked_Questions_FAQs\" title=\"Frequently Asked Questions (FAQs)\">Frequently Asked Questions (FAQs)<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-an-ipo\"><span class=\"ez-toc-section\" id=\"What_is_an_IPO\"><\/span>What is an IPO?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>IPO stands for Initial Public Offering. It refers to the process when a private company first sells its shares to the public on the <a href=\"https:\/\/wp-api.pocketful.in\/blog\/list-of-stock-exchanges-in-india\/\">stock exchange<\/a>. This changes the company from being privately owned to publicly owned.&nbsp;<\/p>\n\n\n\n<p>When the company launches its IPO, the money flows to the company as its share capital, and shareholders become owners of a part of the company.&nbsp;<\/p>\n\n\n\n<p>However, before <a href=\"https:\/\/www.pocketful.in\/ipo\">investing in an IPO,<\/a> an investor should keep in mind that not all IPOs have a successful launch. Some IPOs may be unsuccessful, and the company\u2019s stock price might fall after listing.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-who-can-apply-for-an-ipo\"><span class=\"ez-toc-section\" id=\"Who_Can_Apply_for_an_IPO\"><\/span>Who Can Apply for an IPO?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>An initial public offering is available for investing to various investors based on criteria set by regulators and the company. Here is a list of different types of IPO applicants:<\/p>\n\n\n\n<p><strong>1. Retail Investors: <\/strong>Retail investors must have a <a href=\"https:\/\/www.pocketful.in\/open-demat-account\">demat account<\/a> to hold shares electronically and a trading account for executing transactions. They can invest up to \u20b92 lakhs.<\/p>\n\n\n\n<p><strong>2. Qualified Institutional Buyers: <\/strong>Qualified institutional buyers or QIBs are institutional investors with substantial capital to invest, such as large financial institutions, banks and insurance companies.&nbsp;<\/p>\n\n\n\n<p><strong>3. High-Net-Worth Individuals or HNIs: <\/strong>High net-worth individuals (HNIs) or non-institutional investors (NIIs) are individuals or entities making investments that exceed the retail investor limit. HNIs are similar to retail investors but with no investment cap.<\/p>\n\n\n\n<p><strong>4. Anchor Investors: <\/strong>Anchor investors represent financial institutions that are allotted shares at a fixed price before the shares are offered to the public. These investors are subject to a lock-in period during which they can\u2019t sell their shares post-IPO. They must invest a minimum of \u20b910 crore in a mainboard IPO and \u20b91 crore in a SME IPO.&nbsp;<\/p>\n\n\n\n<p><strong>5. Employee Quota: <\/strong>Employees of the company launching the IPO can also apply under a special category if reserved by the company. Shares may be offered at a discounted price or on preferential terms to employees.<\/p>\n\n\n\n<p><strong>Read Also:<\/strong> <a href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/what-is-ipo-allotment-process\/\">What is the IPO Allotment Process?<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-criteria-for-companies\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_for_Companies\"><\/span>Eligibility Criteria for Companies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-mainboard-ipo\">Mainboard IPO<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Net Tangible Assets<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The company should have net tangible assets of at least \u20b93 crore, with no more than 50% in monetary assets, for the preceding three years.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operating Profit<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The company should have an average operating profit of at least fifteen crore rupees, calculated on a consolidated basis in at least three years of the past five years.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Net Worth<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The company should have a net worth of at least one crore rupees in each of the preceding three full years (of twelve months each), calculated on a consolidated basis.&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Name Change<\/strong><\/li>\n<\/ul>\n\n\n\n<p>If the company has changed its name within the last year, at least 50% of the revenue for the preceding year should have been earned from the activity indicated by its new name.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-sme-ipo\">SME IPO<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Post-Issue Paid Up-Capital<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The company\u2019s post-issue paid-up capital should not be more than \u20b925 crores.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Net Worth<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The net worth of the company should be at least \u20b91 crore for two preceding full financial years.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Net Tangible Assets<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The net tangible asset of the company must be at least \u20b93 crores as per the latest audited financial results.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Past Track-record<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The applicant company should have a track record of at least 3 years, provided the applicant company must have been operating for at least one full financial year and must provide audited financial results for that year.<\/p>\n\n\n\n<p>If the applicant company lacks a three-year track record, the proposed IPO project must be evaluated and funded by NABARD, SIDBI, Banks (excluding cooperative banks), or other financial institutions.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Operating Profit<\/strong><\/li>\n<\/ul>\n\n\n\n<p>The company or firm must have an operating profit of at least \u20b91 crore for at least two of the last three financial years before applying.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Name Change<\/strong><\/li>\n<\/ul>\n\n\n\n<p>In case of a name change in the past year, at least 50% of the revenue for the previous full financial year must come from the activity associated with the new name.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-basic-eligibility-criteria-for-ipo-application-eligibility-criteria-for-retail-investors\"><span class=\"ez-toc-section\" id=\"Basic_Eligibility_Criteria_for_IPO_ApplicationEligibility_Criteria_for_Retail_Investors\"><\/span>Basic Eligibility Criteria for IPO Application\/Eligibility Criteria for Retail Investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The basic eligibility criteria for applying for an IPO generally include the following requirements:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Applicants must be at least 18 years old, or if they are underage, a guardian must apply on their behalf.<\/li>\n\n\n\n<li>A demat account is required to hold shares electronically.<\/li>\n\n\n\n<li>A valid PAN card is required for IPO applications in India. This ensures compliance with tax regulations.<\/li>\n\n\n\n<li>A functional bank account is necessary to make payments using <a href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/what-is-asba\/\">ASBA (an application supported by blocked amounts)<\/a> or similar methods. The account must have enough funds to cover the application amount.<\/li>\n\n\n\n<li>Applicants must complete the KYC process with their broker or bank, which includes identity proof (Passport, PAN) and address proof (utility bills, bank statement).<\/li>\n\n\n\n<li>Applicants must not be blacklisted by regulatory authorities like SEBI. There should be no legal or financial barriers to participating in the stock market.<\/li>\n\n\n\n<li>Investors should apply within their respective category limits:<\/li>\n<\/ul>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Retail Individual Investors: Generally, up to INR 2 Lakh (or equivalent).<\/li>\n\n\n\n<li>High Net-worth Individuals (HNIs): Above the retail limit.<\/li>\n<\/ol>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The applicant&#8217;s residency status must comply with the country\u2019s regulations. For instance, NRIs or Non-Resident Indians (NRIs) and Foreign Institutional Investors (FIIs) must adhere to specific regulations in India.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-additional-eligibility-factors\"><span class=\"ez-toc-section\" id=\"Additional_Eligibility_Factors\"><\/span>Additional Eligibility Factors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Beyond standard eligibility criteria for investors, other factors can also affect an individual or institution\u2019s ability to participate in an IPO. Let us have a quick overview of some additional eligibility factors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-1-timely-application-submission-nbsp\">1. Timely Application Submission:&nbsp;<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>IPO applications are usually accepted during a specific time frame.&nbsp;<\/li>\n\n\n\n<li>Submitting after the deadline or during operational downtimes can result in rejection.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-2-employee-and-shareholder-eligibility-nbsp-nbsp\">2. Employee and Shareholder Eligibility:&nbsp;&nbsp;<\/h3>\n\n\n\n<p>If an IPO offers a special quota for employees or current shareholders, make sure to have the necessary documentation, like proof of employment or shareholding, to qualify for shares offered in these reserved categories.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-3-correct-documentation\">3. Correct Documentation<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Both retail and institutional investors need to provide documents such as identity proof, address proof, etc.<\/li>\n\n\n\n<li>Any kind of discrepancies in documentation could lead to rejections.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-criteria-for-institutional-investors\"><span class=\"ez-toc-section\" id=\"Eligibility_Criteria_for_Institutional_Investors\"><\/span>Eligibility Criteria for Institutional Investors<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Institutional investors are entities such as <a href=\"https:\/\/wp-api.pocketful.in\/blog\/mutual-funds-meaning-types-features-benefits-and-how-they-work\/\">mutual funds<\/a>, venture capital funds, pension funds, insurance companies, commercial banks, alternate investment funds (AIFs), hedge funds, foreign institutional investors (FIIs), and qualified institutional buyers (QIBs)<\/p>\n\n\n\n<p>Eligibility criteria for institutional investors participating in an IPO vary by country&#8217;s regulations. However, the general guidelines are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The entity must be registered with SEBI. Institutional investors require approvals to invest and operate in the Indian stock market.<\/li>\n\n\n\n<li>In contrast to retail investors, institutional investors face no limit on the maximum investable amount.&nbsp;<\/li>\n\n\n\n<li>Institutional investors must have a demat account and a trading account. Furthermore, applications supported by blocked amounts or ASBA are also necessary in India to block funds in the bank account for IPO applications.<\/li>\n\n\n\n<li>In India, a quota of 50% is generally reserved for qualified institutional buyers.<\/li>\n\n\n\n<li>Institutions must provide financial disclosures or evidence of capital adequacy. They need to show they can finance large investments.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-to-check-ipo-allocation-status\"><span class=\"ez-toc-section\" id=\"How_to_Check_IPO_Allocation_Status\"><\/span>How to Check IPO Allocation Status<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-1-visit-the-registrar-s-website-nbsp\">1. Visit the Registrar\u2019s website&nbsp;<\/h3>\n\n\n\n<p>Each IPO has a designated registrar responsible for processing applications and allocating shares. Common registrars include Link Intime and KFin Technologies. Open the official website of the registrar, and you will find an IPO status or allotment section.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-2-find-the-allotment-page-nbsp\">2. Find the Allotment Page&nbsp;<\/h3>\n\n\n\n<p>Search for the specific IPO name in either the IPO allotment or IPO status sections. Click on the IPO name to proceed.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-3-enter-the-details-nbsp\">3. Enter the details&nbsp;<\/h3>\n\n\n\n<p>To check your allocation status, you will need to provide your PAN number, IPO application number or the demat account number.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-4-check-the-allotment-status-nbsp\">4. Check the Allotment Status&nbsp;<\/h3>\n\n\n\n<p>The system will display your IPO allotment status, i.e., whether the shares are allotted or not.<\/p>\n\n\n\n<p>Additionally, the registrar usually sends updates about allotments to your registered email. If the IPO was applied using the UPI ASBA method, you can also check your bank account for unblocked amounts. Blocked funds indicate successful allotment, while non-allotment of shares is followed by unblocking of funds.<\/p>\n\n\n\n<p><strong>Read Also: <\/strong><a href=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/how-to-apply-for-ipos-with-asba\/\">Apply in IPO Through ASBA- IPO Application Method<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Applying for an IPO can lead to wealth creation and allow an investor to invest in high-growth companies. Understanding the eligibility criteria for retail, institutional, or foreign investors is important to simplify the application process and prevent rejections. Stay informed, be financially prepared and follow changes in regulations to enhance your chances of successfully investing in IPOs and benefiting in the long run. Consult your financial advisor before investing in IPOs.<\/p>\n\n\n\n<figure class=\"wp-block-table has-small-font-size\"><table><thead><tr><th class=\"has-text-align-left\" data-align=\"left\">S.NO.<\/th><th class=\"has-text-align-left\" data-align=\"left\">Check Out These Interesting Posts You Might Enjoy!<\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-left\" data-align=\"left\">1<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/anchor-investors-in-ipos\/\">Anchor Investors in IPOs \u2013 Meaning, Role &amp; Benefits<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">2<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/how-to-cancel-an-ipo-application\/\">How to Cancel an IPO Application?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">3<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/difference-between-ipo-and-fpo\/\">Why Invest in anKey Difference Between IPO and FPOIPO and its Benefits?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">4<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-ipo-cycle\/\">What is Face What is the IPO Cycle<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">5<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-nii-in-ipo\/\">What is NII in IPO?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">6<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/what-is-an-ipo-mutual-fund-should-you-invest\/\">What Is An IPO Mutual Fund? Should You Invest?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">7<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/benefits-of-investing-in-ipo\/\">Why Invest in an IPO and its Benefits?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">8<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-confidential-ipo-filing\/\">What is a Confidential IPO Filing?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">9<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/what-is-ipo-allotment-process\/\">What is the IPO Allotment Process?<\/a><\/td><\/tr><tr><td class=\"has-text-align-left\" data-align=\"left\">10<\/td><td class=\"has-text-align-left\" data-align=\"left\"><a href=\"https:\/\/www.pocketful.in\/blog\/ipo\/best-apps-for-ipo\/\">Best Apps for IPO Investment in India<\/a><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-frequently-asked-questions-faqs\"><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_FAQs\"><\/span>Frequently Asked Questions (FAQs)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div class=\"saswp-faq-block-section\"><ol style=\"list-style-type:none\"><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Can I modify or cancel my IPO application?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Yes, you can modify or cancel your application until the IPO bidding period ends.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Can NRIs apply for IPOs?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">NRIs can apply for IPO through their NRE or NRO demat account.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>What happens if I do not have a PAN card?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">A PAN card is mandatory to apply for an IPO; without it, your application will be rejected.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>Can I apply for multiple IPOs simultaneously?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">You can apply for multiple IPOs if you meet the eligibility criteria.<\/p><li style=\"list-style-type: none\"><h3 class=\"\"><strong>How is IPO allotment determined?<\/strong><\/h3><p class=\"saswp-faq-answer-text\">Allotment depends on the number of shares offered and the demand from different investor categories.<\/p><\/ul><\/div>\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investing in an IPO allows individuals and institutions to become shareholders in a company going public. IPOs offer a chance to invest in high-growth companies from the start, thus creating opportunities for both retail and institutional investors. Participating in an IPO is not as simple as it seems; investors must meet certain eligibility criteria and [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":14284,"parent":0,"menu_order":0,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[183],"class_list":["post-14271","ipo","type-ipo","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo"],"acf":{"freelancer":"Kavya Mehrotra"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.13 (Yoast SEO v21.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IPO Application Eligibility Criteria: Detailed Guide - Pocketful<\/title>\n<meta name=\"description\" content=\"A quick guide on IPO application, covering eligibility, requirements, and tips for retail and institutional investors.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IPO Application Eligibility Criteria:\" \/>\n<meta property=\"og:description\" content=\"A quick guide on IPO application, covering eligibility, requirements, and tips for retail and institutional investors.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/\" \/>\n<meta property=\"og:site_name\" content=\"Pocketful\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Pocketful.HQ\/\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-08T12:43:30+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/01\/IPO-Application-Eligibility.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1497\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Pocketful_HQ\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"8 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"IPO Application Eligibility Criteria: Detailed Guide - Pocketful","description":"A quick guide on IPO application, covering eligibility, requirements, and tips for retail and institutional investors.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"IPO Application Eligibility Criteria:","og_description":"A quick guide on IPO application, covering eligibility, requirements, and tips for retail and institutional investors.","og_url":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/","og_site_name":"Pocketful","article_publisher":"https:\/\/www.facebook.com\/Pocketful.HQ\/","article_modified_time":"2026-05-08T12:43:30+00:00","og_image":[{"width":1497,"height":1080,"url":"https:\/\/cms-resources.pocketful.in\/blog\/wp-content\/uploads\/2025\/01\/IPO-Application-Eligibility.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@Pocketful_HQ","twitter_misc":{"Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/","url":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/","name":"IPO Application Eligibility Criteria: Detailed Guide - Pocketful","isPartOf":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/#website"},"datePublished":"2025-01-22T06:03:59+00:00","dateModified":"2026-05-08T12:43:30+00:00","description":"A quick guide on IPO application, covering eligibility, requirements, and tips for retail and institutional investors.","breadcrumb":{"@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wp-api.pocketful.in\/blog\/ipo\/ipo-application-eligibility-criteria\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Blog Home","item":"https:\/\/wp-api.pocketful.in\/blog\/"},{"@type":"ListItem","position":2,"name":"IPO Application Eligibility Criteria:"}]},{"@type":"WebSite","@id":"https:\/\/wp-api.pocketful.in\/blog\/#website","url":"https:\/\/wp-api.pocketful.in\/blog\/","name":"Pocketful blog","description":"Learn Stock market trading, investing &amp; 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