Open IPOs are public issues currently accepting applications. During this period, eligible investors can submit bids within the announced dates and applicable investor categories.
Review the final issue details, subscription status, and valuations before participating.
Learn how to navigate the critical 3-day bidding window, interpret live subscription data, and time your applications perfectly.
By SEBI regulations, an IPO must remain open for a minimum of 3 working days. The retail cutoff is typically 5:00 PM on the closing day. Submitting before the final hours prevents bank UPI mandate delays.
Retail and NII categories often fill up first, while QIBs strategically deploy on Day 3 afternoon. Monitoring final-day institutional appetite is the best health check of an issue.
During open bidding, Grey Market Premium fluctuates based on oversubscription. While GMP indicates market mood, always review company fundamentals before committing capital.