IPO Milega
IPO Milega

Milega? Check first.

Plan your IPO bids

Tell us your money and how many family accounts can bid. We pick the IPOs, the category and the accounts that give the best expected gain, and line up the dates so money freed from one IPO pays for the next.

Across all accounts. Move it into each account's own bank before its bid; IPOs don't accept a third-party bank account.

Accounts that can bid
2

Each with its own PAN, demat and bank, such as a spouse or parent. One PAN bids once per IPO.

Plan for

Expected listing gain: your odds times the gain at today's GMP.

Advanced: leave IPOs out

Ticked IPOs stay out of the plan, like ones you've already bid on or don't want.

Your plan

Your plan

Place 6 bids across 3 IPOs from 2 accounts. Expect about ₹744 in listing gains, with a 26% chance at least one bid is allotted.

At most ₹89,292 is blocked at once. Money is your limit: the IPOs left out below need more on the day their bidding closes.

Day by day

  1. Thu 15 Oct₹70,190 free after
    • HD Fire Protect
      Mainboard · GMP +31.73%
      Retail
      Accounts 1–2
      ₹14,905 each
      Odds (est.)
      1 in 38
      Bid by
      3 PM
      Money back
      Tue 20 Oct
  2. Mon 19 Oct₹10,708 free after
    • Zetwerk Manufacturing
      Mainboard · GMP +15.2%
      Retail
      Accounts 1–2
      ₹14,949 each
      Odds (est.)
      1 in 18
      Bid by
      3 PM
      Money back
      Fri 23 Oct
    • Sahajanand Medical
      Mainboard · GMP +12.21%
      Retail
      Accounts 1–2
      ₹14,792 each
      Odds (est.)
      1 in 15
      Bid by
      3 PM
      Money back
      Thu 22 Oct
  3. Tue 20 Oct₹40,518 free after

    +₹29,810 back from HD Fire Protect, unless allotted

  4. Thu 22 Oct₹70,102 free after

    +₹29,584 back from Sahajanand Medical, unless allotted

  5. Fri 23 Oct₹1,00,000 free after

    +₹29,898 back from Zetwerk Manufacturing, unless allotted

When your money is blocked

blocked until it comes back longer if allotted

  • HD Fire Protect · Retail₹29,810
    Blocked Thu 15 Oct to Tue 20 Oct, or to Thu 22 Oct if allotted.
  • Zetwerk Manufacturing · Retail₹29,898
    Blocked Mon 19 Oct to Fri 23 Oct, or to Mon 26 Oct if allotted.
  • Sahajanand Medical · Retail₹29,584
    Blocked Mon 19 Oct to Thu 22 Oct, or to Fri 23 Oct if allotted.

Left out

  • Fusion CXYour money and accounts do more elsewhere
  • Bonfiglioli TransmissionsYour money and accounts do more elsewhere
  • Tonbo ImagingYour money and accounts do more elsewhere
  • Ravita Engineering Services LimitedSME: switch on SME IPOs to include
  • Vaibhav Vyapaar LimitedGMP is 0%, no listing gain expected
  • Shellz IndiaGMP is 0%, no listing gain expected
  • Jio PlatformLot size not out yet
How the plan is worked out
  • Every bid goes in on the last day, so your money stays free as long as it can. Brokers stop taking bids around 3 PM.
  • Retail and S-HNI winners are drawn by lottery, one minimum application each, so each account bids the minimum. Your odds are about 1 in the subscription.
  • Until bidding closes, the subscription is estimated from the GMP, or the live figure if that's higher. In past IPOs, retail ended near 1.2x the GMP % and S-HNI near 4x.
  • Money comes back the working day after the refund date (about T+3) and pays for later IPOs. An allotted bid's money comes back the day after listing, once you sell.
  • Weekends are skipped, exchange holidays aren't.

GMP is unofficial and changes daily. This plan is an estimate and not investment advice. Investments in the securities market are subject to market risks; read the offer document before investing.