Partial pay for IPO - Can some one explain what is this pay 25% initially for IPO and once share is alloted pay remaining.
Usually when you apply for an IPO, you have to pay the entier cost of the lot which is blocked till such time the scrip gets listed. (Usually 30 - 45 days if am not wrong)

Ex: 100 units at Rs 110 = Rs 11000/-

This Rs 11000 gets blocked till the scrip is listed. ( Usually 30 - 45 days if am not wrong)
Where as with an option of paying 25% you have to pay only Rs 2750 and the remaining 8250 after the IPO is listed and provided you get the allotment.