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Does third party ASBA or UPI IPO application rejected or accepted?

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The third-party ASBA IPO application is valid and accepted by the registrar. Few banks like SBI offer up to 5 IPO applications in an IPO using the same bank account.

The third-party UPI IPO application is not valid. They get rejected by the registrar. The primary account holder's PAN number in the bank account and demat account should be the same when applying through UPI as a payment option.

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2 Comments

2. Ganesh Prajapati   I Like It. |Report Abuse|  Link|December 13, 2021 9:19:19 PMReply
In Kfintech accept third party upi. but linkintime not accept. i know this time. i already applied 8 third party upi in linkintime. big mistake. i feel very guilty.
In past TEGA and NYAKAA IPO not get any allotment in linkintime.
2.1. Parag Shingare   I Like It. |Report Abuse|  Link|October 3, 2024 4:51:02 PM
Exactly I got third party upi in kfintech
Where I should avoidsuch
1. ahmad   I Like It. |Report Abuse|  Link|October 19, 2023 4:48:05 PMReply
Please make latest update on this topic. Third party and 5 application from one bank with different PAN,.
Also advise us which bank allows 5 application.

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