No brokerage if i apply for Reliance Pwer IPO in hard copy?


IPO
Sid asks:

I heard that when we apply through demat portals like icicidirect.com etc they charge us brokerage, but when we apply to IPO by filling and submitting the form in hard copy then we don’t need to pay the brokerage. Is it true? and how does this work?

Is it a safe option to fill and submit the form in hard copy?

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2 Comments to "No brokerage if i apply for Reliance Pwer IPO in hard copy?"

  1. Alan

    I do not think there is brokerage in any form !

  2. Candance

    You have the wrong information.

    NO Brokerage is charged if you apply Online or via Hard Copy in case of IPO.

    But when you sell the shares, the brokerage house (Bank or the Broker) will charge brokerage. It is different for different Banks. In case you buy shares from secondary market you have to pay brokerage.

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