In short, no. IPOs are usually reserved for the financial elite - think large institutional investors who get access to companies before the rest of us.

IPOs can play out in one of three ways - but in all of those ways, adding upcoming IPOs to your watchlist means we’ll let you know when share requests open.

We’ll do our best to make sure everyone gets a fair slice, but we can’t guarantee you’ll get the full amount you requested, or any shares at all.

This is a New Zealand first so it’ll work a little differently to how you’re used to investing with Hatch. Once you receive your final allocation of shares, any leftover NZD will be refunded to your NZD bank account within 5 business days.

Learn more about IPOs

How does an IPO work?

How to speak IPO: A glossary

Are you IPO prepared?

What are the risks of investing in an IPO?

How to participate in IPOs with Hatch

How do I participate in IPOs with Hatch?

How is IPO participation different to other IPOs on Hatch?

How will the first IPO be different to future IPOs on Hatch?

What if Hatch runs out of IPO shares?

Who can’t participate in IPOs with Hatch?

Are IPO share requests available for Trust accounts?

Placing and updating share requests

Is there a minimum IPO share request?

Is there a maximum IPO share request?

Can I cancel or update my IPO share request?

When will I know if my IPO share request was successful?

What happens if a final IPO share price is higher than the estimated range?

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