How to apply IPO through UPI?

Investors can apply for an IPO online through the broker platformusing their UPI ID.

Steps to apply for an IPO through UPI:

• Login to the broker platform.
• Go to the IPO section.
• Select the IPO from the list of live IPOs.
• Enter the bid details.
• Provide UPI ID.
• Submit the application.
• Go to the payment app to approve the UPI mandate request.
• Go to the Mandates section in the payment app.
• Enter the UPI PIN to approve the pending mandate request.

If you apply for an IPO offline through UPI ID, you will receive the UPI mandate request for approval when the intermediary processes your application. In offline mode, you must enter your UPI ID in the payment section field of the IPO application form.