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You can apply for Baazar Style Retail IPO online through the Netbanking ASBA facility provided by your bank or through offline mode by filling and submitting the physical IPO application form.
Steps to apply online in Baazar Style Retail IPO as HNI
Steps to apply offline in Baazar Style Retail IPO as HNI
Points to Note
You can invest in Baazar Style Retail IPO as HNI through ASBA Netbanking or offline mode.
You need to enter all the required details viz. the bid quantity, amount, depository details, bank account no., applicant name, PAN No. to apply for IPO online or offline. You need to ensure to select the investor category as HNI.
It is important to note that as an HNI, you cannot bid in IPO at the cut-off price.
You cannot apply in Baazar Style Retail IPO through the Zerodha IPO application(Console) in the HNI category as Zerodha offers a UPI-based IPO application that has a limit of a maximum of ₹2 lakh per transaction.
You can apply using the ASBA facility offered by the banks to invest in the HNI category.
ICICI Direct offers a UPI-based IPO application with an upper limit of ₹2 lakh per transaction. Thus, an HNI cannot apply for Baazar Style Retail IPO through ICICI Direct.
To apply as an HNI in Baazar Style Retail IPO, you can apply online through Netbanking using the ASBA facility offered by banks or submit a physical IPO ASBA application form.
The three main factors that decide the feasibility to invest in Baazar Style Retail IPO using the IPO funding route.
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