Trustline IPO Review 2024 | Charges, Easy Steps to Apply Online
Trustline Account Opening Enquiry
Trustline Initial Public Offering (IPO) Review
‘Investment Ideas. Simplified’ is the tagline of the famous full-service broker ‘Trustline’ which provides the facility to invest in NSE, BSE, MCX and NCDEX. Trustline was founded by Dr. Mukesh Kansal in 1989 to provide the world-class facilities so that you can easily invest in the share market. Trustline facilitate you to invest in equity, derivative, mutual funds, currency, commodity, fixed deposits, sovereign gold bond, NPS and IPO. Trustline acts as a mediator between customer and depositary organisation NSDL & CDSL, it offers free demat and trading account. You can open an account by online method or you can call the company’s representative on toll free no. to seek the help on opening an account or you can write an email in the mentioned email id or you can visit the nearby branch of . Any NRI around the world can open an NRI demat account with Trustline and trade in Indian share market. Trustline is one of the oldest platforms whose motive is to bring an unmatched trading experience for you so that you can generate wealth from the share market.
Trustline group has its presence in 400 locations across the states of India. Trustline provides free trading software and tools which are equipped with modern & technical facilities. Trustline is a wide platform and always dedicated to provide you world-class services in a very affordable price. One of the unique facility offered by Trustline is that you can invest in US stocks such as Amazon, Walmart, Boeing, Chevrolet etc.
What is initial public offering (IPO)?
IPO (Initial Public Offering) is the process through which a private limited company get listed in the share market for the first time and becomes public limited company. As an initial public offering (IPO) is the best method to raise the capital by selling the shares to the investors. Generally, any company issues new initial public offerings(IPO) to fulfill many financial purposes such as to meet the corporate goals, payment / repayment of outstanding borrowings and to enhance the business processes. For the first time, the company get listed in the national exchanges BSE, NSE, MCX, MCX-SX, NCDEX etc. Initial Public Offering (IPO) model or application is an online and simple process, you can easily apply for upcoming initial public offering stocks(IPO) via UPI and ASBA process.
How to apply for an IPO through Trustline?
Trustline is a technology-driven platform but currently, it does not provide online facility to apply for an IPO(Initial Public Offering Stocks). You can apply for any initial public offering companies for its IPO by using ASBA facility which is already available in the net banking of your respective bank account and Trustline demat account which will hold your shares, securities and bonds. Follow the below initial public offering steps to apply for an IPO using Net Banking and Trustline demat account:
1. Login into the net banking of your bank account via website or mobile application
2. Under ‘Online Investments’ section, click ‘Invest in IPO’.
3. Select your bank account and confirm the details.
4. You will get a list of upcoming IPOs(pre initial public offering), closed IPOs and opened IPOs, select an IPO you wish to apply.
5. Enter your Trustline demat account details and Submit.
Note: After submission of IPO application, bidding amount will get freeze in your bank account:
• If you will get shares of company’s IPO then Freeze amount will get deducted from your bank account and you will receive the shares in your Trustline demat account.
• During IPO allotment, if you will not get shares of the company then freeze amount will get unblocked in your bank account and you will receive the SMS and email regarding the same.
You will receive a confirmation message after completing your IPO application process in your mail id and mobile number.
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Frequently Asked Questions
For any support & queries you need to call at 0120-4613888 or email at helpdesk@trustline.in.
Yes, Trustline offers After Market Order (AMO) facility on its platform.
Any individual, Hindu Undivided Family (HUF), partnership firm, proprietary firm, a company can open trading account with Trustline via online method or by visiting the nearby branch.
Yes, Trustline offers free tips and research services to their clients.
No, Trustline does not offer online facility to invest in IPOs but you can invest by using ASBA facility and mention Trustline demat account number in the form to get allotted shares in your Trustline Demat account.
Trustline offers 2 types of account which are as follows:
1. Regular Demat Account – Account opening fees is zero and AMC is Rs 300 per year.
2. Lifetime Free AMC Demat Account – Account opening fees is Rs 1000 and AMC is Rs 0.
Trustline is a very safe, secure and diverse platform. This broker is known for its transparency, free trading software and offline & online account opening facility. Trustline allows you to invest in US stocks. It provides advisory & research services to their clients. One should choose Trustline as their investment platform because of its world-class facilities in affordable price.
Trustline is the depositary participant of both NSDL and CDSL. Customer’s demat account on Trustline is registered with CDSL or NSDL.
Yes, Trustline allows you to invest in US companies such as Amazon, Walmart, Boeing, Apple, Alphabet, Chevrolet etc.
No, it is not necessary to have a demat and trading account with Trustline to invest in mutual fund, you can also open a separate Trustline Mutual Fund Account after downloading mobile application ‘Trust Mutual Funds’.
This is a very simple process to open an account with Trustline. You can open an online account in just few minutes by visiting the official website or mobile application. You can also visit the nearby branch or you can call at the toll-free number.
CRF Department
Trustline Tower, B-3 Sector 3
Noida, Uttar Pradesh - 201301
Trustline does not levy any commission on investing in mutual fund.
Trustline offers call & trade facility in which you can call and place trade over the phone. You need to call at 0120-4613800 to execute trades in between 9.00 am to 11.55 pm.
Yes, you can invest in Sovereign Gold Bond by using Trustline platform.
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