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Public Issue Access. Clear Information. Informed Participation.
Public issue participation is subject to eligibility, the terms of the relevant issue and applicable procedures.
JDA clients can apply for public issues listing on NSE and BSE, including SME issues on NSE Emerge and BSE SME.
Applications go through ASBA. Your bid amount stays in your bank account, is blocked until allotment, and is debited only for the shares you are allotted.
Public issues open for subscription, with their key dates, price band and lot size.
| Issue | Opens | Closes | Price band | Lot size | Action |
|---|---|---|---|---|---|
| Maxwell Engineering Solutions Limited SME IPO · NSE Emerge · Up to ₹57.64 Cr | 30 Oct 2026 | 03 Nov 2026 | ₹150 – ₹158 | 800 shares | Read RHP |
JDA Capital Services Limited is the Book Running Lead Manager to this issue. Please read the Red Herring Prospectus and Abridged Prospectus before applying. For help, call +91 88664 48999 or email support@jdacapital.in.
Every public issue has a Red Herring Prospectus or prospectus filed with SEBI and the exchanges, and an abridged prospectus. Read them before you apply. They cover:
Summaries do not replace the official documentation.
View ProspectusEach issue reserves portions for different investor categories. Your category decides your minimum and maximum bid and how allotment works.
Individuals applying for up to ₹2 lakh in a main board issue. Retail bids can be made at the cut-off price. In SME issues, individual investors apply for a minimum of two lots.
Individuals, HUFs, companies and others applying for more than ₹2 lakh. These bids cannot be made at the cut-off price and cannot be withdrawn or lowered at any stage.
Qualified Institutional Buyers, anchor investors, employees and shareholders may have separate reservations, as set out in the offer document.
Application categories and requirements may differ by issue. Confirm that the chosen category is applicable.
Apply with your own PAN, demat account and bank account, all in the same name. Third-party bank accounts and UPI IDs are not accepted.
Individual investors bidding up to ₹5 lakh can pay by UPI. Approve the mandate in your UPI app before the cut-off time on the issue closing day, or the bid will not count.
Errors or incomplete authorisation can affect processing.
Each bid gets an application number once submitted. Keep it with your UPI mandate reference or ASBA acknowledgement.
Check bid status on the exchange websites, and allotment status on the registrar's website using your PAN, application number or DP/client ID.
Check Application StatusThe registrar finalises the basis of allotment with the designated stock exchange. If an issue is oversubscribed, allotment to individual investors is decided by lottery.
If you get no shares, or fewer than you bid for, the balance is unblocked in your bank account. Under the T+3 listing timeline, this happens within two working days of issue closure.
Allotment results, refund dates and listing dates are published by the registrar and the exchanges. Rely only on these sources and on messages from JDA's registered email and phone channels.
Allotment is governed by the applicable issue process and is not guaranteed.
Before you submit an application, check:
Public issues involve investment risk, including possible loss. Review the official risk factors, financial information, use of proceeds and terms, and decide in light of your own objectives and risk tolerance.
The draft prospectus is filed first for review and comments. The final prospectus (or red herring and prospectus) is filed after the review and carries the final issue terms and price.
Talk to our teamCheck the registrar's website for the issue, using your application number, PAN or demat details. Each deal page names the registrar.
The registrar to the issue handles applications, allotment and refunds. The registrar for each JDA-managed issue is shown on its deal page.
Read the offer document, check your eligibility, give correct details, hold an active demat account and keep enough balance for your bid.
Have a question about applying for an IPO? Send it to us and we will guide you.
Share the service or account you are interested in.
Our team reviews your request and gets back to you.
We guide you through the steps to begin.
Broking access and services remain subject to eligibility, applicable rules, platform availability and current terms. Investments in securities markets are subject to market risks.
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