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IIFL Securities launches primary markets investment platform

March 14, 2022

IIFL Securities launches primary markets investment platform
IIFL Securities on Friday launched ‘OneUp’, India’s primary markets investment platform for investing in preliminary public choices (IPOs), non-convertible debentures (NCDs) and sovereign gold bonds (SGBs), among others.

According to the business, on the OneUp platform, the IPO functions are acknowledged 24×7 and as much as three days earlier than the IPO bidding opens. One more unmistakable capacity of the OneUp platform is that it grants buyers to position bids for others as pleasantly, be it, associates or individuals from the family, which could enhance possibilities of allotment.
 
The platform is on the market to each IIFL Securities and non-IIFL Securities clients with none signup necessities.
 
Remarking on the OneUp product launch, Nandkishore Purohit, chief digital officer at IIFL Securities stated, “Today buyers go to a number of websites to collect information and advice (subscription standing, firm prosperity, consultants view, itemizing positive factors) regarding the IPO, adopted by a transaction on a separate platform. Through OneUp, buyers can now uncover, analysis, transact and handle new investment alternatives, all on one single platform.”
 
Further, the net orders shouldn’t be confined to ₹2 lakh exclusively. Continuous online IPO bidding for a quantity better than ₹2 lakh may be executed. Clients will get prefilled ASBA types. Investors can see reside subscription of IPO, software standing and cost standing of bidding with possibilities of itemizing positive factors and can be capable of view the all of the earlier primary functions and their statuses in simply 1 click on at one place. 
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