Apply for IPO using Electronic Securities Application (ESA)

Understand the requirements and how you can easily apply for shares via digibank.

Important information

  • You need to be a DBS/ POSB account holder.
  • You need to have a digibank account or DBS/POSB ATM card.
  • You must be at least 18 years old.
  • You must be a Singaporean, Permanent Resident or a Foreigner currently residing in Singapore.
  • You need to own an Individual CDP (Central Depository) Securities Account. If you do not own an Individual CDP Securities Account, you may apply for one here.
  • Your mailing address in our Bank's record must be a valid Singapore mailing address. Learn more about Update Address.

How to Apply for IPO using Electronic Securities Application (ESA)

digibank mobile
  • Log in to digibank mobile with your Touch / Face ID or digibank User ID & PIN.
  • Tap Invest and select ESA.
  • Complete the Declaration by selecting on the appropriate boxes.
  • Select your Country of Residence and tap Next.
  • Select the Securities Counter that you wish to apply for and tap Next.
  • Read through the Agreement and Prospectus carefully and tap I Agree to proceed.
  • Enter your Application Details and tap Next.
  • Verify your details and tap Confirm to submit your application.
  • Log in to digibank online with your digibank User ID & PIN.
  • Under Invest, select Electronic Securities Application (ESA).
  • Complete the Declaration by clicking on the appropriate boxes and click Next.
  • Select your country of Residence and click Next.
  • Select the Securities Counter that you wish to apply for and click Next.
  • Read through the Agreement and Prospectus carefully and click Next.
  • Enter your Application Details and click Next.
  • Verify your details and click Confirm to submit your application.

More information

  • Applications submitted cannot be amended or withdrawn. (Applications may only be withdrawn if a supplementary prospectus has been issued for the security after your application)
  • Joint CDP accounts cannot be used to apply for ESA.
  • Multiple applications are not allowed. Each Individual CDP account is entitled to one application only.
  • This service is currently available for selected ESAs in respect of which internet applications are permitted. For ESAs not listed above, you may apply at any DBS/POSB ATMs.
  • Number Of units using cash has a minimum application >= 1000 (multiples of 100).
  • Please note that for CPF approved ESAs, availability of the use of CPF funds from your Ordinary Account is subject to the online linkage from CPF Board.
  • A service charge is payable for each security application which will be debited from your account on application.
  • Please note that for Maximum Price ESAs, the maximum price for each share is payable in full on application and is subject to refund if the final price is lower.
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