IPO

Axis Bank is the leading Bank in offering “Bankers to the Issue (BTI)” services. We offer whole range of collection and payment services for your Fund raising/ Dividend distribution requirements through our Investment Banking / Merchant Banking subsidiary (Axis Capital - One of the leading Investment advisors).

Our specialized team, with profound knowledge about SEBI regulations and with an impeccable track record of successful closure /execution of high value deals, provide best Bankers to Issue solutions and support at each stage of your Issue/deal.

• Initial Public Offer (IPO) – It is the selling of securities to the public in the primary market. It is the largest source of funds with long or indefinite maturity for the company. The securities could be through fresh issuance or Offer for sale by existing holders.
• New Fund Offer (NFO) - A new fund offer (NFO) is the first time subscription offer for a new scheme launched by the asset management companies (AMCs).
• Rights Issue - A rights issue is a primary market offer to the existing shareholders to buy additional shares of the company on a pro-rata basis within a specified date at a discounted price than the current market price.
• Qualified institutional placements (QIPS) - It allows an Indian-listed company to raise capital from domestic markets without the need to submit any pre-issue filings to market regulators.
• Non-convertible debentures (NCD) - NCD are fixed-income instruments, usually issued by high-rated companies in the form of a public issue to accumulate long-term capital appreciation.

• All extant KYC guidelines applicable to opening current accounts.
• SEBI & Stock Exchanges Approvals & Guidelines.

• Advisory/structuring of Issue/Deal.
• Strong technology support and proven track record to handle volumes under UPI (as Sponsor Bank).
• ASBA applications are collected at Pan India branches of the bank. Currently 4800+ branches accept applications.
• Customers can also apply for IPOs online through “Retail Internet Banking Services”.
• We offer faster movement of funds from Investor Accounts to Public Issue A/c through our robust technology support.
• ASBA FD facility to Corporates & QIBs.
• Dedicated one point contact to handle all queries during the issue and post issue.
• Co-ordination with Registrars, syndicate members, Merchant Banker, Stock Exchanges to handle all pre issue and post issue requirements.
• ASBA facility for Foreign Investors (Rights issue.
• Strong Business Continuity Plans (BCPs)/disaster management services to ensure smooth execution of Issue/Deal.

Escrow accounts, Monitoring Agency, Sponsor Bank – UPI Mechanisms, Authorize Dealer Bank, Corporate Demat Account, ASBA Service

• How can I apply for ASBA?
If you are an Axis Bank Net Banking customer, you can now apply online. Log in on NetBanking and select the "INVESTMENT" option from the bottom left menu. Then select IPO and Rights Issue You will then be re-directed to our IPO Online System.

• I do not have a Bank account with Axis Bank. Can I still apply through your Bank for IPOs using Axis Bank's ASBA process?
To apply for an IPO from Axis Bank using ASBA, you should have an account with the Bank. However, it is not compulsory for you to have a Demat Account.

• How can I apply in IPO via UPI?
Register on Google Pay & link your Axis Bank Account with okaxisbank handle.
Enter your UPI ID in the IPO application form and submit it.
Approve the notification in the Google pay app to block the amount for IPO.
On allotment of the shares, the money is automatically debited from this blocked amount.

Option can be provided wherein customer can provide details like Name, Phone no, Product type, Customer type.

Reach us out at ipo_dividend.products@axisbank.com