Insights

IPOs

How public issues work, from the price band to allotment and listing.

How an IPO Application Works: Price Band, Lot Size, ASBA/UPI and Allotment

Applying for an IPO is simpler than ever, but the process has its own vocabulary. A step-by-step guide to price bands, lot sizes, ASBA and UPI mandates, and how allotment is decided.

22 Sept 2026 3 min read

Read article

Have a Question?

Want to Talk Through What You've Read?

Every family's situation is different. Speak with a WealthBay advisor to understand how these concepts apply to your goals, timelines and comfort with risk.

Talk to an Advisor Learn About Financial Literacy