Features and benefits of our IPO Financing
Features and benefits of IPO Financing
Get a loan on up to 99.90% of the share value with minimum margin, minimum documentation and quick processing.
Loan of up to Rs. 1 crore
Now buy IPO by availing loan of up to Rs. 1 crore.
Increase your chances of allotment by applying for an IPO with only minimum amount. Get loan up to 99.90% of the IPO value.
Manage your loan easily with repayment options ranging from 3 days to 30 days.
No hidden charges
All our charges are mentioned on this page. We advise you to read these in detail before applying.
With minimal documents, get loan to subscribe to IPO with minimal margin.
Competitive Interest rates
Get up to 99.90% of share value as a loan to subscribe to IPO. Annualised ROI of up to 24% per annum and/or interest up to Rs. 30,000 per IPO application until allotment.
Dedicated customer portal (My Account)
Download your loan statement and manage your loan online with our customer portal – My Account.
* Family to be considered as self, spouse, dependent parents, dependent children (not minors) and entities held with majority ownership. Family trusts will not be considered as part of family.
We have pre-approved offers for our existing and new customers. To check, all we need is your mobile number.
You might not require a loan at this time, or you might not have a pre-approved offer. There is still a vast selection of products available, which you can choose from:
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Set up an SIP for as little as Rs. 100 per month
Select from over 1000 mutual funds from 40+ mutual fund companies, like Aditya Birla, SBI, HDFC, ICICI Prudential, and more.
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Eligibility criteria and documents required
To avail IPO Financing with Bajaj Financial Limited, you must meet the below criteria:
- Individuals / Proprietorship
- Age: 18 to 65 years
- Non individuals (Pvt Ltd, Ltd, Partnership, LLP)
- Unincorporated Associations/Body of Individuals (Unregistered trusts/partnership firms shall be included under the term ‘unincorporated association’. body of individuals’ includes societies)
- 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
**Please note that the list of documents mentioned here is indicative. You will be notified on the complete list of documents required by our representative while filling the application form. 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 email@example.com
How to avail IPO Financing
Did you know?
You can pledge shares as margin to avail IPO financing
Did you know?
You can avail loan with minimal documentation & charges
Did you know?
You can manage your loan with convenient repayment tenure
Did you know?
You can avail loan to buy an IPO at competitive interest rates of up to 24% p.a.
Applicable fees and charges
The following charges are applicable on IPO financing:
|Types of fees||Charges applicable
|Interest rate||Up to 24% per annum or flat interest up to Rs. 30,000 per IPO application till the date of allotment
|Processing fee||Up to 4.72% of the loan amount (inclusive of applicable taxes).
|Annual maintenance charges||Not applicable
|Bounce charges||Not applicable
|Penal interest||Up to 24% p.a. in case of default or in case of non-observance of any of the terms of the agreement|
|Stamp duty||As applicable|
|Brokerage charges*||As applicable|
|DP charges**||As applicable|
|Foreclosure charges||Not applicable
|Pledge confirmation charges*||As applicable|
|Pledge innovation charges*
|Demat share transfer charges (post invocation)||0.024% + flat Rs. 5.9 (minimum being Rs. 64.9) (inclusive of applicable taxes)
|Legal charges||At actuals|
*Charges levied by Broker to BFL and the same is being passed on to the clients
**Charges levied by NSDL/ CDSL to BFL and the same is being passed on to the clients
Frequently asked questions
IPO financing is a loan that enables investors to invest more in an IPO. Once the shares are allotted, the investor must repay the loan.
IPO financing is a secured loan where the shares applied for in the IPO serve as collateral for the lender. The lender has full right over the allotted shares. If the proceeds after the sale is not enough to repay the loan, the borrower is liable to make up for the shortfall. In these cases, the borrower is personally responsible for repaying the loan amount.
The SBR stipulates a ceiling limit of Rs. 1 Crore per borrower in case of IPO financing by NBFCs.
- Lender should be an NBFC
- The funds should be lent for IPO financing
- The ceiling limit is Rs. 1 Crore
- The limit is applicable per borrower
Typically, the IPO funding is provided for a short duration, i.e., 3-30 days.
Bajaj Finance offers interest rate of up to 24% per annum or flat interest up to Rs. 30,000 per IPO application till the date of allotment for IPO Financing.
Apart from that there are other fees applicable. Common fees include processing fees, part-prepayment fee, foreclosure charges and many more. These fees are typically charged upfront or deducted from the loan amount and can add to the total cost of the loan.
No, an IPO (Initial Public Offering) is not a debt financing, but rather a type of equity financing. In an IPO, a private company raises capital by offering shares of the company to the public for the first time, and the investors who buy these shares become part-owners of the company. This is in contrast to debt financing, where a company borrows money from lenders and agrees to repay the loan with interest over time.
To apply for IPO financing, click on the ‘Apply’ button on the page. Enter your phone number and verify by entering the OTP sent to your number. Fill in your personal details, type of security, the value of bonds, and submit the form.
IPO loans are types of loans provided by financial institutions to help investors fund their purchase of new shares during an initial public offering (IPO). These loans are usually short-term, and investors often use them to bridge the gap between buying the IPO shares and receiving the higher returns. However, IPO loans come with risks and often require careful consideration before deciding to take one. It's advisable to weigh the pros and cons carefully, including factors like interest rates, repayment terms, and market conditions, before applying for an IPO loan.