Frequently Asked Questions

IPO Financing

 Do I have to pay the principal loan plus interests immediately upon successful IPO allotment?

  1. Cash Management and Custodian Account

    Client will need to make the full payment for the successful allotment on the first day of IPO before 3pm. If payment is not in account by then, full contract of the shares will be force sold.

  2. Margin Account and Financial Account

    After successful allotment, you do not need to pay the principal loan plus interest immediately. However, the margin ratio must be maintained above the respective required margin level.

    If you do not pay the principal loan plus interest and the margin ratio falls below the Maintenance Margin Ratio, there will be a Margin Call on you and top up will be required to fulfill the margin call within the stipulated period.

Other faq that might help you


Did this answer your question?           

Still cannot get your problem solved?

Call our Customer Service at 6531 1555

Available from 8:30 am – 12.00 am on weekdays, 8:30 am – 1.00 pm on Saturdays


Contact us to Open an Account

Need Assistance? Share your Details and we’ll get back to you