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How do I pre-apply for an IPO?

Modified on: Fri, 21 Aug, 2026 at 2:50 PM Print

Pre-applying means placing your IPO bid before the IPO officially opens for bidding, instead of waiting for opening day — tap Pre-Apply instead of Apply on an IPO that hasn't opened yet.

How to Pre-Apply for an IPO

Follow the same steps as How do I apply for an IPO? — the button just reads Pre-Apply instead of Apply for an IPO that hasn't opened yet.

  1. Fill in the IPO application form as usual — price, lot count, investor category and UPI ID.

  2. Optionally, tick Subscription Based Trigger and enter the subscription multiple you want to wait for (e.g. 5 for 5x subscription) if you'd rather wait for a subscription level than pre-apply outright.

IPO application form for an upcoming IPO, showing the Pre-Apply button and the optional Subscription Based Trigger checkbox

  1. Agree to the IPO terms and conditions, then tap Pre-Apply.

  • If you set a Subscription Based Trigger: ✅ once the trigger is reached, your application is placed automatically and you'll then need to approve the UPI mandate; ❌ if it's never reached, the application is never placed and no mandate is raised.

  • If you didn't set a trigger, your application is submitted once the IPO opens for bidding.

This way, you don't have to be online the moment an IPO opens, or constantly track the subscription status yourself.