Mainboard IPO

Why Mainboard IPOs Suit Most Retail Investors

Mainboard IPOs list on the main BSE and NSE exchanges and are the default choice for first-time IPO investors. They offer:

• Lower retail lot sizes — typically Rs 14,000–15,000 per application. SEBI mandates retail lot sizes between Rs 14,000 and Rs 16,000 to make participation accessible.
• Strict eligibility — minimum paid-up capital Rs 10 crore, net tangible assets ≥ Rs 3 crore in each of last 3 years, average operating profit ≥ Rs 15 crore in 3 of last 5 years. This filters out lower-quality issuers.
• SEBI-mandated allocation — minimum 35% reservation for retail (RII), maximum 50% for QIB, minimum 15% for NII. Allocation works in your favour as a retail investor.
• High post-listing liquidity — daily trading volumes in lakhs of shares. Easy to enter and exit.
• Anchor investor quality — top mutual funds, FPIs, and insurance companies regularly participate. The anchor list is a meaningful signal.

For most retail investors building an IPO allocation, Mainboard issues should be the core. Track them via this list, watch the live GMP, and apply via UPI or ASBA when fundamentals + GMP align. Read our application guide →

IPO investing carries risk of capital loss, allotment is not guaranteed, and grey market premium is an unofficial signal rather than a prediction. Nothing here is investment advice — read the offer document and consult a SEBI-registered adviser before committing capital.