IPO financing eligibility and documents

Read on to know the criteria required to apply for our IPO financing.

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Eligibility criteria and documents required

To avail IPO Financing with Bajaj Financial Limited, you must meet the below criteria:

Eligibility criteria

  • Individuals / Proprietorship
  • Age: 18 years to 65 years
  • Non individuals (Pvt Ltd, Ltd, Partnership, LLP)
  • HUF
  • Trusts
  • Unincorporated Associations/Body of Individuals (Unregistered trusts/partnership firms shall be included under the term ‘unincorporated association’. body of individuals’ includes societies)

Documents required

  • Any KYC document: Aadhaar Card Passport/ Driving license/ Voter ID
  • Net Worth (CA certified) or last 5 years ITR returns
  • Holder of Valid Pan Card
  • Demat Account with Power of Attorney (POA)
  • Bank Account with POA

In case of entities-Beneficial Ownership Declaration MSME related requirements to be given. Non individuals who want to apply for IPO financing can apply offline. They can reach out to us at las.support@bajajfinserv.in

More details

A sort of short-term commercial credit taken out to purchase shares on a principal stock market is known as IPO financing. The lender provides the remaining money for IPOs after the investor pays a small margin upfront to obtain the loan amount, which is typically assessed on a case-by-case basis. Additionally, the length of the loan will be influenced by share types and market patterns. For IPO funding, the loan terms typically range from seven days to three months. Although the interest rates imposed on the loans typically vary from lender to lender, they are still typically up to 24% per annum and/or flat interest up to Rs. 30,000 per IPO application till the date of allotment.

How to avail IPO Financing

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Step-by-step guide to avail IPO Financing

Step 1: Click on ‘Apply’ to initiate your application.
Step 2: Enter your mobile number to Sign in and click ‘GET OTP’.
Step 3: Enter the OTP sent to your mobile number. On successful verification, you will be redirected to our online application form.
Step 4: Enter basic details like: Full name, Email ID, mobile number and city of residence.
Step 5: Under ‘Type of Security’ select ‘IPO Financing’.
Step 6: Enter the total portfolio value of the IPO you want to apply for and click on ‘Submit’.

Once your application form is submitted, our representative will get in touch with your further proceedings.

Frequently asked questions 

What are the eligibility criteria to apply for IPO financing?

The eligibility criteria for IPO financing with Bajaj Finance are:

  • Individuals (should not be a minor)/ HUF/ Corporate / LLP.
  • Age: 18 to 65 years
  • Holder of Valid Pan Card
  • Demat Account with Power of Attorney (POA)
  • Bank Account with POA
  • Loan account with BFL
How to apply for IPO financing?

To apply for IPO financing, click on the ‘Apply’ button on the page. You will be redirected to our form, where you will have to fill your personal details and the value of your shares.
Once all your details have been verified through an OTP, sent on your phone, our representative will contact you for further processing of your application.

What are the minimum and maximum amounts that can be borrowed through IPO financing?

Through the IPO financing by Bajaj Finance, you can get a pre assigned loan of up to Rs. 1 crore.

What documents are required to apply for IPO financing?

The documents required to apply for IPO financing with Bajaj Finance are:

  • Any KYC document: Aadhaar Card Passport/ Driving license/ Voter ID
  • Net Worth (CA certified) or last 5 years ITR returns
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