Apply for Bond IPOs Directly on BondScanner

Secondary market, meet primary

BondScanner was built to help investors discover and invest in bonds available in the secondary market. From filtering bonds by yield, credit rating, and tenure to placing orders in a few taps, the platform brought much-needed clarity to what was once an opaque, broker-driven market.

Today, we are taking the next step. You can now apply for bond IPOs on BondScanner, from both the app and web.

Whether you have been tracking a company's upcoming bond issue or looking to invest in corporate bonds at the primary stage before they hit the secondary market, BondScanner now covers both ends of the bond investment lifecycle.

What's new: Bond IPOs on BondScanner

Bond IPOs are now live on BondScanner. Here is what you can do:

• Browse all currently open bond IPOs in one place, without hunting across exchange websites or offer documents

• View key offer details including coupon rate, tenure, credit rating, minimum application amount, and allotment basis, all on a single screen

• Apply directly from the BondScanner app or web, as the full application flow is available on both platforms

How to apply for a bond IPO on BondScanner

Applying for a public bond issue on BondScanner takes just a few steps:

1. Browse open bond IPOs and select the issue you want to apply for

2. Review the key application details and offer information, all consolidated in one place

3. Enter your UPI ID to initiate the payment mandate

4. Receive a UPI mandate notification. Your application amount is blocked against the IPO but remains in your bank account

Your funds are not transferred at the time of application. The UPI mandate simply blocks the required amount, and it is only debited as per the applicable allotment and payment process.

What happens after you apply

Once your bond IPO application is submitted on BondScanner, here is what to expect:

• Your application amount stays in your own bank account while the UPI mandate is active and is not transferred until allotment

• If you receive an allotment, bond units will be credited directly to your BondScanner-linked demat account

• If you are not allotted, the UPI mandate is released automatically and no amount is debited from your account

Please read the offer document carefully before applying. Allotment is subject to the terms and basis of allotment of each issue and is not guaranteed.

What's on the workbench

Here is a look at what we are building next on BondScanner:

• Notification preferences on web: manage what BondScanner sends you, and how, directly from your browser

• Update your contact details: edit your registered mobile number and email directly on the platform

• Accessibility improvements on BondScanner: making the platform more usable for every investor

Built with your feedback

"Can you also bring in primary issuances on your platform" - Abhishek, BondScanner user

BondScanner evolves with every conversation we have with our users. This update is proof of that.