MAINBOARD IPO

Understand the Mainboard IPO segment.

Mainboard IPOs are generally larger public issues listed on the main exchanges and usually offer investor categories such as Retail, NII/HNI and QIB.

Mainboard basics

Retail • HNI • QIB

Investor-category allocation, lot sizes and application rules depend on the offer document and exchange framework.

Key Points

What to check in a Mainboard IPO.

Issue SizeReview fresh issue vs offer-for-sale and how proceeds are intended to be used.
ValuationCompare earnings, growth and peer multiples rather than looking only at issue price.
CategoryApply only in the category for which you are eligible and understand the bidding rules.