How to apply for an IPO through the Motilal Oswal app?

If you would like to apply for an IPO through Motilal Oswal App, the process is listed below:

1. Open your Motilal Oswal app, log in with your account ID and password, and click "Login".
2. Click on the tab icon on the top left of the main app page.
3. Under the "Other Products/Tools" tab you will find the option "IPO/OFS/Buyback/Bonds/Fd", click on it.
4. You will be redirected to the next page where you will see a list of all upcoming, ongoing, and completed IPOs in different tabs.
5. Clicking on an IPO will open a new page with key information about that IPO. There are two options - download and apply. You can download the prospectus of the IPO. Click on "Apply"."
6. On the application page, enter the number and price. You can either apply at the cut-off price or submit bids (max 3) within the specified price range.
7. Enter your UPI ID. Retail investors in MO can only apply for an IPO through the UPI system.
8. Check your order and click on "Confirm". A UPI mandate will now be sent to you on your UPI app. Authenticate this by entering your UPI pin.
9. Your order will be successfully placed for the IPO.
10. You can modify or even cancel the order while the IPO is open.

 Open Instant Account - Start Trading Today