With the aim to offer a unified trading experience, one of the fastest growing investment & trading platform FYERS announced the launch of its IPO portal. FYERS customer can now apply for all the upcoming IPOs directly through FYERS IPO Portal. This feature was launched to help the clients capitalize on the opportunities instantaneously, and hassle-free.
According to reports around 30 IPOs worth over ₹30,000 crore are lined up for the year 2021. FYERS with their new feature allows customers to apply for Initial Public Offers (IPOs) & FPOs in companies that are listed on NSE & BSE using their UPI id. Customers with UPI id can place a bid, enter the lot size and submit the applications on the portal. Also, clients can apply for any IPO through FYERS whereas, in Netbanking ASBA, clients have to apply through SCSBs only. This easy to use features ensures that the entire bidding process is seamless and quick, hence empowering customers to take advantage of opportunities, immediately.
Commenting on the launch, Tejas Khoday, CEO and Co-Founder, FYERS, said, “We’ve simplified investing in IPOs to enable young investors to participate easily and without hassles.”