ASBA + UPI ApplicationsMainboard & SMEBuilt for Brokers

Every IPO. Every client. One flow.

BidFlow is the IPO operating system for India's broking network — print thousands of pre-filled ASBA forms, fire UPI applications, and track GMP, subscription and allotment in real time.

From bid to allotment — without the spreadsheet chaos.Built for brokers, sub-brokers, franchisees and distributors.

<0 secto generate a pre-filled ASBA form
0%mainboard & SME IPO coverage
0+forms-per-day print capacity
T+0bulk allotment checks on result day
The Platform

Three engines. One IPO desk.

Everything your IPO operation runs on — applications, printing and tracking — wired into a single real-time workspace.

01

ApplyFLOW

Digital IPO applications at network scale — UPI mandates and ASBA bids raised for hundreds of clients in minutes, not days.

  • UPI-based online applications
  • Client & lot selection in bulk
  • Bid register across branches
02

PrintFLOW

The fastest ASBA form-printing engine in the market — pre-filled, batched by branch, and ready for the bank counter.

  • Pre-filled bid-cum-application forms
  • Batch printing with reprint queue
  • PDF export & per-branch packs
03

TrackFLOW

Live market intelligence on every issue — so your desk answers "kitna GMP?" before the client finishes asking.

  • Live GMP & subscription data
  • Bulk allotment status checks
  • IPO calendar & alerts
Superior, Modern Tech

A Rust engine. A React cockpit.

BidFlow is built on a superior, modern stack. The bidding and print core is written in Rust — deterministic, memory-safe speed that holds up under IPO-day load. The web front end is a modern React application your team can drive from any browser, no installs required.

Rust backendbid + print engine built for IPO-day bursts
React web front endfast, familiar UI — runs in any browser
Form Printing

From client list to bank counter in one print run

Most desks lose IPO windows to manual form filling. BidFlow turns your client master into print-ready application forms — filled, sorted and stapled to your workflow.

  • Pre-filled everything — name, PAN, DP ID, client ID, bank & UPI details on every form
  • Batch by branch — each franchisee gets its own numbered print pack
  • Cutoff-aware queues — priority printing as the issue nears close
  • Reprint protection — jammed or failed pages re-queue automatically
  • Every issue type — mainboard, SME, NCD and rights entitlements

The engine behind this is FormPress — a coordinate-mapped form printer with its own visual builder and REST API. It is available on its own, for any stamped form.

Explore FormPress ↗
1,240forms in the last batch run
3branches, one print queue
Live Data

The whole IPO market, one glass pane

GMP, subscription, calendars and allotment — refreshed continuously, shaped for a broker's desk.

GMP Tracker

Grey-market premium and kostak trends per issue, with movement history you can quote to clients.

Subscription Heat

Retail, NII and QIB books, live — spot the issues your clients will chase before close.

Allotment Radar

Bulk PAN-level checks against registrar data the moment the basis of allotment is out.

Issue Calendar

Open, close, allotment and listing dates for every pipeline issue — synced to alerts.

Workflow

Four steps from open to allotment

01

Import clients

Pull your client master from Excel or back-office software — demat, bank and UPI details validated on entry.

02

Select the issue

Pick any live mainboard or SME IPO, choose clients, lots and bid prices in bulk.

03

Print or apply

Generate pre-filled ASBA form packs per branch, or push UPI applications for digital-first clients.

04

Track to allotment

Follow GMP and subscription live, then run bulk allotment checks and share branch-wise results.

Who It's For

Built for the people who run IPO season

Brokers & franchise networks

Run IPO operations across hundreds of terminals with branch-level control and consolidated bid registers.

Sub-brokers & franchisees

Serve every walk-in client during a hot issue — print, apply and answer GMP queries from one screen.

Distributors & IFAs

Turn IPO demand into a repeatable service with client imports, alerts and allotment reporting.

Back-office teams

Reconcile applications, allotments and refunds without stitching together spreadsheets and portals.

FAQ

Questions, answered

What is BidFlow?

BidFlow is an IPO application and form-printing platform built for brokers, sub-brokers and distributors. It lets you print pre-filled ASBA application forms in bulk, submit UPI-based online applications, and track GMP, subscription and allotment for every mainboard and SME IPO from one dashboard.

Does BidFlow cover SME IPOs?

Yes. BidFlow covers 100% of mainboard and SME IPOs (NSE Emerge and BSE SME), along with NCD public issues and rights issues — each with live bidding data and printable application forms.

How does bulk ASBA form printing work?

Import your clients once from Excel or your back-office software. When an IPO opens, select the issue, choose clients and lot sizes, and BidFlow generates print-ready bid-cum-application forms — pre-filled with client, PAN, demat and bank details — batched by branch with reprint support for failed pages.

Can clients apply through UPI instead of forms?

Yes. Alongside printed ASBA forms, BidFlow supports UPI-based online applications, so your clients can approve mandates from their UPI app while your team tracks every bid in one register.

How do allotment status checks work?

On allotment day, BidFlow checks application status in bulk against registrar data — thousands of PANs and application numbers in one run — and gives you branch-wise allotment reports you can share with clients immediately.

Is BidFlow a broker or investment advisor?

No. BidFlow is a technology platform for market intermediaries. It does not execute trades, hold client funds or provide investment advice, and IPO data shown on the platform is for operational use by intermediaries.

Get Started

Ready before the next issue opens.

See BidFlow print a full branch pack and raise UPI bids in a 20-minute live demo.

contact@setulab.com · onboarding in under a week

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