Prelogin IPO Company Details

More about the IPO

Issue size

Rs.40 Cr.

Price band

₹ 121 to 128 per equity share

Bid lot

1000 shares and in multiples thereof

Issue break-up

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Registrar

Cameo Corporate Services Limited

Listing at

NSE

How to apply for an IPO on the Espresso app

  1. Log in to the Espresso app and tap the hamburger menu.
  2. Under the EQUITY dropdown option, tap IPO/OFS/BOND to land on the IPO dashboard.
  3. Click on the Current IPO tab and select the IPO of your choice.
  4. On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
  5. Now enter your UPI ID (make sure this UPI ID is connected to your Espresso-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
  6. Recheck the details on the order confirmation screen and confirm the order.
  7. Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
  8. Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
  9. Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
  10. Your IPO order will now appear on your Espresso Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

How to apply for an IPO on the Espresso website

  • Log in to the Espresso website and hover on the E-APPLY button on the top-right of your screen. From the dropdown options, click IPO.
  • From the list of Active IPOs, select the IPO of your choice.
  • On the IPO application form that opens, fill in details like the Demat Account Number, Category of investor, number of lots you wish to invest in, the Cut-Off Price and others.
  • Now enter your UPI ID (make sure this UPI ID is connected to your Espresso-mapped bank account) on the form. Read and accept the Terms & Conditions and click on the SUBMIT button.
  • Recheck the details on the order confirmation screen and confirm the order.
  • Once the exchange receives details about your bid, you will get a notification (IPO mandate request) on your UPI app and an SMS as well. Log in to your UPI app and go to the pending mandates section.
  • Verify all the details once again and authenticate your bid amount by entering your UPI PIN.
  • Once done, the IPO application amount will be blocked and you will receive an SMS about the blocked Bid amount.
  • Your IPO order will now appear on your Espresso Order Book, from where you can modify or cancel your IPO bid if you so wish.

Note: The actual amount will be debited when the shares are allotted to you.

IPO Event Calendar 2023

FAQs

Yes, you will receive a sms once the IPO form is processed.

Your bank should be a part of the ASBA participating bankers. Click here to check the list of banks.

Bidding time will be till 1200 hrs on the closing day of the issue.

In case the allotment is not done then bank will unblock the application money from the bank accounts upon receiving instructions from the Registrar.

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