What is IPO Financing?
The IPO Financing product is a Loan Facility offered for applying in Primary Market Issues (IPOs and FPOs). With this product Investors can apply for IPOs by investing only Margin amount (specified for each IPO separately), rest amount will be funded by ECL Finance Ltd.
What are the Benefits of IPO Financing?
Take advantage of investment opportunity with small margin investment i.e. Maximize gains on your existing funds available for investments.
Pay interest only for the period of actual utilization of resources.
Increase your chances of allotment and allotment size.
Easier and faster processing.
Good for investors who have assets or investments other than liquid cash, that can be pledged for temporary loans from such companies.
Loans are provided by IPO financing companies from the application date to the listing date that help you apply for IPO's under the Non Institutional Investors category / HNI category.
Same like the intraday leverage provided by brokers, but with interest.