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Mirae Asset Sharekhan IPO: Online Application, Allotment & Investment Guide

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Written By: The Top Stock Broker Last Updated: SEBI data verified

Mirae Asset Sharekhan IPO services allow eligible investors to apply for Initial Public Offerings (IPOs) through an online platform. An IPO is the process through which a private company offers its shares to the public for the first time to raise capital. Before investing in any IPO, investors should carefully study the company's business model, financial performance, issue objectives, price band, lot size, risk factors, and offer document to make informed investment decisions.

The Mirae Asset Sharekhan platform provides access to details of available IPOs, enabling eligible customers to review important information before submitting an application. Investors can compare public issues based on opening and closing dates, issue size, price range, minimum investment requirements, and other publicly available details. Reviewing this information helps investors evaluate different investment opportunities more effectively.

The Mirae Asset Sharekhan IPO application process is designed to be completed online. Eligible investors generally need to select the IPO, enter the number of lots, verify the application details, and complete the applicable payment authorisation. Before submitting the application, customers should carefully review all entered information to minimise errors that could affect processing.

Most IPO applications require approval of a UPI mandate through the applicant's linked bank account. Investors should ensure that sufficient funds are available and that the UPI mandate is authorised within the prescribed timeline. Failure to complete the payment authorisation may result in the IPO application becoming invalid.

Submitting an IPO application does not guarantee share allotment. If the issue receives applications exceeding the number of shares available, allotment is carried out according to the applicable regulatory process. Investors may receive full allotment, partial allotment, or no allotment depending on the demand and the approved allocation procedure.

After the allotment process is completed, allotted shares are credited electronically to the investor's linked Demat Account. If shares are not allotted, or only partially allotted, the blocked amount is released according to the applicable banking and settlement process. Investors should monitor official updates regarding allotment status and listing dates.

Mirae Asset Sharekhan IPO charges depend on the applicable pricing structure and service terms. Investors should review the latest official charges before applying for an IPO. Brokerage is generally applicable only when allotted shares are sold later through the stock exchange, while other statutory charges may also apply where relevant.

IPO investments involve market risk, and listing gains are never guaranteed. The market price of newly listed shares may rise above or fall below the issue price depending on investor demand, company performance, market sentiment, and economic conditions. Investors should avoid making investment decisions based solely on expectations of listing gains.

Overall, Mirae Asset Sharekhan IPO services provide eligible investors with a convenient digital platform for applying to supported public issues. Before investing, customers should understand the application process, verify applicable charges, complete the UPI mandate correctly, and evaluate the risks associated with every IPO.

IPO investing with Mirae Asset Sharekhan

Mirae Asset Sharekhan customers can apply for mainboard IPOs online at no extra charge, using either the in-app UPI route or their bank's ASBA net-banking facility. You only pay brokerage and statutory charges when you later sell the allotted shares.

FacilityAvailable
IPO application through the app/websiteโœ” Yes

Apply for an IPO using UPI (in-app)

Log in to the Mirae Asset Sharekhan app or website and open the IPO section.

Choose an open IPO and tap Apply.

Enter your UPI ID, investor type, quantity and price (tick the cut-off price for retail).

Submit the bid โ€” a UPI mandate arrives in your UPI app within two hours.

Approve the mandate in your bank/BHIM app; the amount is blocked, not debited, until allotment.

Miss the mandate, lose the bid. If you don't approve the UPI mandate before the cut-off, the application is rejected and no funds are blocked.

Apply using ASBA net banking

Log in to your bank's net banking and open the IPO/ASBA section.

Select the IPO and enter your Mirae Asset Sharekhan demat account number (BO ID).

Enter investor type, quantity and price, then confirm โ€” the amount is blocked until allotment.

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently โ€” always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.

Frequently Asked Questions

Eligible customers can apply online by selecting a supported IPO, entering the required details, and completing the applicable UPI payment authorisation process.

No. IPO allotment depends on investor demand and the applicable allotment process. Submitting an application does not guarantee allotment.

Yes. Eligible investors generally need a linked Demat Account to receive shares allotted through an IPO.

Yes. Most IPO applications require approval of a UPI mandate through the applicant's linked bank account.

Applicable charges depend on the current pricing structure and service terms. Investors should review the latest official charges before applying.