IIFL Securities on Friday launched OneUp, Indias first primary markets platform for investing in initial public offerings (IPOs), non-convertible Debentures (NCDs) and sovereign gold Bonds (SGBs), among others.
As per the brokerage, on the OneUp platform, the IPO applications are accepted 24×7 and up to three days before the IPO bidding opens. Another unique feature of the OneUp platform is that it allows investors to place bids for others as well, be it, friends or family members, which can increase chances of allotment.