IPO, explained
An IPO (Initial Public Offering) is when a private company sells shares to the public for the first time and lists on a stock exchange. It lets the company raise capital and gives investors a chance to buy in early.
How the process works
The company files an offer document (RHP), sets a price band, and opens for bids over a few days. Investors apply in categories (retail, HNI, QIB), and shares are allotted — by lottery for retail when demand exceeds supply.
How to apply
On ROAR you apply in a few taps via UPI/ASBA: pick the IPO, enter your bid at the cut-off, and approve the UPI mandate — funds stay blocked in your bank until allotment. See all current and upcoming IPOs and our how-to-apply guide.
A word of caution
IPOs can be exciting but aren’t guaranteed winners — listing gains vary and some fall below the issue price. Read the RHP and judge the business and valuation, not just the hype. ROAR does not publish grey-market premium.
Frequently asked questions
What does IPO mean?
An Initial Public Offering — when a private company sells shares to the public for the first time and lists on an exchange, to raise capital.
How can I apply for an IPO?
Open a free account on ROAR, go to the IPO section, pick an IPO, enter your bid and approve the UPI mandate — funds are blocked until allotment.
Are IPOs a safe investment?
Not necessarily — listing gains vary and some IPOs trade below their issue price. Read the RHP and assess the business and valuation before applying.