How to buy IPO in Sharekhan mobile app?

IPO or Initial Public Offering has become a new favorite among many traders and investors. Following is the process to apply for IPO using Sharekhan mobile app:

1. Open the Sharekhan App, log in with your ID and membership password.
2. Open the side tab option, and Select "IPO" under the Equity segment.
3. A list of all the current IPOs with their information will appear. Choose the IPO you are interested in.
4. On the application form, fill out the details like Demat account number, Category, Quantity, Price cut, and UPI ID.
5. Click on the check box to agree with the terms and conditions. Now, click on the submit button.
6. On the Order Confirmation page, check all the details again and Click on "Confirm Order".
7. After this your request will be sent to Sharekhan who will send you a Mandate to authenticate your bid amount.
8. Confirm the mandate within the due date by clicking on "Proceed".
9. After this, enter your UPI ID for the payment. You will receive a confirmation message for your order.
10. Your order has been placed. You can check the same in the Order Book.