Angel One IPO Review (Apply Steps, UPI and Allotment Status)

IPO stands for Initial Public offerings. IPO in Angel One has a dedicated section for IPO that allows you to,

• Keep track of live and upcoming IPOs,
• Apply/Cancel/Modify IPO bids.
• Make better and informed decisions on IPO investment based on IPO prediction facility.

 

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Angel One offers online IPO application services. Angel One customers can apply in IPOs in two ways; using UPI-based Angel One IPO application and by using ASBA based net-banking service of the bank.

Note: A UPI ID is required if you are planning to apply in IPO using UPI as a payment gateway. You can create the UPI ID from the net-banking mobile app of your bank or using the BHIM app for free.

Steps for Angel One IPO Application (UPI Based)

1. Log in to Angel One apps (mobile, web or desktop).
2. Click on 'More' on the top menu.
3. Click on 'IPO' from the dropdown.
4. Select the IPO and click the 'Apply' button.
5. Enter UPI ID, investor type, order quantity and price.
6. Choose the Cutoff-price checkbox if applying in the retail category.
7. Click 'Apply' to place the IPO order
8. A UPI mandate is sent to your UPI App in 2 hours.
9. Accept the UPI mandate in your UPI App (net-banking or BHIM)

• Check the status of your IPO app in Angel One IPO App.

You can also apply for an IPO using the online IPO facility offered by your bank using net banking. This facility is offered by all major banks including ICICI, HDFC, SBI, Kotak, Bank of Baroda etc.

Steps to apply in IPO using ASBA Net Banking

1. Log in to the website/mobile app of your bank.
2. Go to the IPO section.
3. Choose an IPO from the list and apply.
4. Enter your Angel One demat account number or any other demat account where you want the IPO shares to be credited
5. Choose Investor Type, enter order quantity and price
6. Choose the Cutoff-price checkbox if you're applying in the retail category
7. Review and confirm the IPO order

Note: The allocated IPO shares are delivered to Angel One demat account or any other account mentioned while in the application. You can check IPO allotment status here.

 

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The status of the IPO application applied through Angel One can be checked by login into the Angel One mobile app or website's IPO section. It is available on the Order Status page under Menu > Trade > IPO section.

The Allotment Status of IPO application applied though Angel One can be checked by visiting the website of the IPO's registrar. You could check the allotment status of all the IPOs on this website.

The IPO investor also gets an SMS and email notification from the depository (CDSL/NSDL) when allocated shares are credited in the demat account on the day of listing.

 

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The IPO allotment status is published online by the registrar of the IPO on its website. It is not available on the Angel One website or mobile app.

You could check the allotment status of all the IPOs on this website.

If you have a demat account with Angel broking which you have used for applying in IPO, you get an SMS notification from the depository (CDSL/NSDL) when shares are credited in your demat account on the day of listing.

 

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Angel One offers a UPI-based IPO application using its mobile app. Retail customers of Angel One can place bids for IPO shares up to Rs 2,00,000 using Angel One IPO App.

Steps to buy IPO in Angel One mobile app

1. Login to the Angel One app and click on the menu tab at the left corner of the screen.
2. Click on 'Investment Opportunities >> IPO and FPO.
3. Select the desired IPO for investment.
4. Click on Apply to view IPO details like the cut-off price, minimum lot, etc.
5. Fill in the bid details.
6. Enter your UPI Id and click on Invest.
7. Review the entered bid details and click on Confirm.
8. Approve the request on the UPI app to authorize the payment request.

Note:

• HNI customers investing in the NII category cannot use Angel One IPO Application as they only support UPI as a payment option which has a transaction limit of Rs 2 lakh.
• Angel One investors can also use the ASBA IPO application provided by the banks to apply in IPOs using the Angel One Demat Account number.

 

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The IPO shares are deposited in your demat account on the day of listing of IPO share at the stock exchange. Once shares are available in your demat account, you could sell the IPO shares in the same way you sell any other shares in your account.

Steps to sell IPO in Angel One

1. Login to your Angel One app or website.
2. Click on Menu (Three lines on the top left corner of the screen).
3. Click on Buy-Sell under the Trade Option.
4. Search and select the stock you want to sell.
5. Select the exchange (NSE/BSE) and then click on sell
6. Fill in the order details like Quantity, Order Type, Product Type, and Validity.
7. Click on Submit.

 

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Angel One (now known as Angel One) has a dedicated section for IPOs. You can check for the upcoming IPOs, apply for IPOs and also view IPO prediction in the Angel One app.

To check for IPO in Angel One app, 

1. Login to your app.
2. Click on the Menu tab.
3. Click on 'Investment Opportunities.
4. Select IPOs and FPOs.

 

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The IPO option in the Angel One app is placed under the Invest Opportunities option.

To locate the IPO option in the Angel One app

1. Click on the Menu option.
2. Select Investment Opportunities.
3. Click on IPOs and FPOs to see all the details related to IPO.

 

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