What IPOs are available for investment on Belong?

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• Why are there so few IPOs available on the app?

  GIFT City is a new international financial centre, and the IPO ecosystem is still developing. As more companies choose to list here, the number of available IPOs is expected to grow. Stay tuned to the Belong app for the latest updates!

• Who can apply for these IPOs?

  Both NRIs and OCIs can apply for the IPOs listed on GIFT City exchanges.

• Why can’t I see my completed IPOs on the Allotted IPO page?

  This page displays your IPOs under two tabs: Applied and Completed. If you’re unable to see a past IPO, switch to the Completed tab to view applications that have either been allotted or were not allotted.

• Is bidding in an IPO through Belong secure?

  Yes. IPO bids placed through Belong are routed through regulated GIFT City exchanges. Investors are recommended to review the IPO details and conduct their own research before investing.

• Are NRIs required to file Indian tax returns for income earned through GIFT City IPOs or investments?

  No Income tax-return filing is required for non-resident investors if only source of income in India is from GIFT IFSC.