CDC introduces eIPO facility for Investors

CDC introduces eIPO facility for Investors

As part of its continuous endeavor to facilitate Capital Market investors, Central Depository Company has recently launched Centralized eIPO System (CES) to provide efficient and easy mechanism for submission of application to subscribe for shares of companies offered to general public. Through CES, applications for subscription of shares can be made electronically and payment can be made through Internet/Mobile banking, ATMs etc. of CES partner banks, avoiding the hassle of physical submission of IPO application and visiting the bank.

Investors can register themselves on eIPO portal (www.cdceipo.com) free of cost and get alerts of upcoming IPOs through SMS and e-mail. The portal is available 24/7 for registration. Through CES, CDC aims to help increase the outreach of IPOs, promote the culture of keeping securities in book-entry form and make the IPO process more user-friendly and efficient.

Investors can contact CDC for queries and guidance on 0800-23275 (CDCPL) or email at [email protected].