Lemonn launches IPO feature on the app

PeepalCo’s investment app, Lemonn, has launched IPO feature for its users. This feature is designed with a simple user interface and powered by data-driven insights, investors can now apply for upcoming IPOs in just three clicks.

The IPO feature empowers users to make well-informed investment decisions through:

• IPO analytics: Track information on previous IPOs in the same sector and review historical performance.

• Subscription Rate: Check the subscription rate to gauge the demand.

Lemonn is offering a lifetime free account (no account opening charges and no annual maintenance charges) while the zero trading brokerage will be applicable for one-year for all the users.

Speaking on the announcement, Devam Sardana, Business Head, Lemonn, said The IPO market has been buoyant over the past couple of years and these are exciting times with many interesting IPOs planned in line with India’s strong economic fundamentals. The launch of IPO feature will enable our users to be a part of the growth stories of exciting new companies

With Lemonn we are not only helping our users diversify their portfolios but will also empower them to become active and informed investors in India’s future,” he added.

Lemonn is an investment app, launched by PeepalCo this year, a house of brands building wealth tech products for India. The app is designed to simplify the process of discovery and decision-making for new investors and experienced investors, offering easy access to investments in stocks and mutual funds.