Why are there so few IPOs available on the app?

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• What IPOs are available for investment on Belong?

  You will be able to view the available IPOs right in the Belong app itself. Belong enables investment in USD-denominated IPOs listed in GIFT City (IFSC). Please review individual IPO details listed on the app before investing.

• 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.

• 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.

• What is the allotment date for the IPO?

  The allotment date will be announced after the IPO bidding period closes. Once finalised, the allotment status will be available and investors will be notified via the app.