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5paisa Account Opening Enquiry
FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
5paisa offers an online IPO application for free to all its customers. 5paisa customers can apply in IPO using UPI (Unified Payment Interface) through the 5paisa.com website. While the process is not as easy as ASBA IPO application through the 3-in-1 account, the 5paisa UPI IPO application offers an option to 5paisa customers to apply in IPO online.
Applying in IPO through 5paisa is simple and convenient. It's a 3 step process:
5paisa IPO application process (step by step guide) is described as below:
5paisa offer IPO application through UPI. Read UPI for IPO Application (Unified Payments Interface for IPO) for more detail.
5paisa customer first has to create a UPI ID, if they don't have one. UPI ID can be created using BHIM UPI App or using the online mobile banking app of any bank including ICICI, HDFC where you hold your account.
Note: You will need to approve the UPI request sent by the bank using your BHIM app to ensure successful placement of the IPO Bid.
For IPO's applied through 5paisa, the IPO allotment status can be checked from the IPO registrar's website. Registrar of the IPO (i.e. Karvy, Link Intime) publishes the IPO allotment status as soon as the allotment process is complete.
5paisa offering low-cost online financial services to retail customers in India.
5paisa is a discount broker, an online stock broker offering cheap brokerage plans to retail and institutional customers in India.
5paisa change flat Rs 20 per trade irrespective to the trading segment or size of the trade. This is extremely cheaper in comparison to traditional full-service stock broker who charge brokerage in percentage of the trade value.
Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat Rs 20 per order.
Open Online Account Now! and start trading today.It's easy and convenient to apply for IPO with 5paisa. You can use UPI as the payment option while subscribing to an IPO. Following are the simple steps to apply in IPO with 5paisa:
* If you do not have UPI ID, download BHIM UPI app and generate your UPI Id.
Yes, 5paisa offers an online IPO application using the UPI mechanism. 5paisa customers can apply in an IPO on its website or mobile trading app. The process of online IPO application is simple with just one online order form to be filled and then approving the UPI mandate. The customer can also modify or delete their IPO bids at any point of time when IPO is open for bidding.
5paisa offers online IPO on its website and mobile trading app using UPI as a payment gateway. The online IPO application facility is available free of charge. Following are steps to apply in an IPO with 5paisa:
Note: The UPI Mandate may up to 12 hours to show up in your UPI App (Net banking or BHIM app). The IPO application is submitted to the exchanges only after UPI mandate is approved by the customer.
5paisa Account Opening Enquiry
FREE Account Opening (Rs 650 waived) + Brokerage-free Mutual Funds + Trade at flat Rs 20 per order. Open Instant Account with 5paisa and start trading today.
Information on this page was last updated on Saturday, November 18, 2023
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