How to buy IPO in IIFL app?

IIFL offers online IPO application services to its customers wherein they can buy IPO through the IIFL trading website or IIFL Markets app. The IIFL online IPO application process requires the customer to have a UPI ID.

Steps to buy IPO using IIFL Markets App:

1. Download the IIFL Market App on Phone.
2. Log in to IIFL Markets App.
3. Go to the IPO section to see the list of all open IPOs.
4. Click on the IPO you wish to apply.
5. Click on the 'Apply' button next to Purchase.
6. Select your 'investor type', enter UPI ID, quantity, and price.
7. Check the cut-off box.
8. Click on the 'Pay Now' button.
9. You'll receive a payment request on your UPI app in a few hours.
10. Accept the payment request on the UPI app.

On successful payment, you will receive an SMS acknowledging your IPO bid.