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How to apply in IPO through Choice Broking?

Zerodha (Flat Rs 20 Per Trade)

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To apply in an IPO with Choice Broking, you would need an active UPI account, Jiffy account, Demat account, and sufficient funds in your linked bank account.

Steps to apply in IPO in Choice Broking 

  1. Login to Jiffy Mobile App or Jiffy website.
  2. Go to the IPO section.
  3. Click the desired IPO from the open IPO list.
  4. Click on 'Subscribe' at the bottom of the selected IPO detail page.
  5. Enter the lot size.
  6. Enter the bid price or select 'Yes' to bid at the cut-off price.
  7. Enter your UPI ID, select VPA (Virtual Permanent Address) code, and click verify.
  8. Tick the checkbox to confirm that you are an eligible UPI bidder.
  9. Click on Subscribe.
  10. Approve the Payment mandate on your UPI app to complete the IPO application process. 

The UPI mandate request generally takes about 2 hours to reflect on the UPI app for approval.



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