To apply in IPO’s online, an investor has to open a Demat account/trading account with financial institutions that provides this facility. Most national banks (SBI, HDFC, ICICI, PNB etc.) and popular stockbrokers (Angel etc.) in India offer the facility to apply IPO’s online. Once the account is open one should follow the below steps to apply online.
Zero on Delivery & Max. Rs. 20 per order in All trade:For opening paperless Account Click Here
1. First login in your trading account and select the IPO you wish to invest in or contact your broker.
2. Provide UPI ID or bank account.
3. Select the number of shares you want to apply for and the price at which you want to bid for (or use cut off option) and then press the submit button.
If you get the allotment, the shares will be credited to your Demat account. The remaining money will be credited to your bank account through ECS or UPI.
The most convenient way to apply in an IPO online and using UPI offered by almost all brokers.
The process of applying IPO’s online is extremely convenient. It takes just 2 minutes to order IPO shares online.
Please note 5 best trips in below video before apply:
Zero on Delivery & Max. Rs. 20 per order in All trade:For opening paperless Account Click Here
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ETF NFO is same like IPO of stocks?
Yes