Upstox is a demat and trading account, that allows you to invest in stocks, mutual fund, IPO, and bonds in the stock market in India.
IPO stands for initial public offering. If you are looking forward to applying for an upcoming IPO in Upstox and need help with how to do it, this post will guide you.
How to apply for an IPO in Upstox Online?
Applying for an IPO in Upstox is pretty simple, and you can do it using the Upstox mobile and web app. However, before you go ahead, you must ensure that your bank account is linked to your Upstox Pro account.
Using the Upstox Pro Mobile App:
Here are the steps you need to follow to apply for an IPO using the Upstox Pro mobile app:
- First, you must open your Upstox app and log in using your 6-digit PIN or Biometrics.
- Next, navigate to the ‘Discover tab' at the bottom and click ‘Invest in IPO.'
- Now, you should see all the ongoing IPOs
- Next, you can select your desired IPO and click on Apply.
- After that, a form will open for you to fill out the details for your Lot size and price.
- After you fill out the form, you can click on Continue.
- Next, enter your UPI ID and click ‘Confirm.'
- Once confirmed, click on the Status tab to check your application status.
- Next, you will need to accept the UPI mandate, and once your mandate request is accepted, you can check it under the application status.
- Besides, you can check the timeline of your IPO application under the Timeline tab.
Using the Upstox Pro Web App:
Here are the steps you need to follow to apply for an IPO using the Upstox Pro web app:
- You can start by visiting the Upstox Pro website and login in
- Next, you need to go to the More and Click on ‘IPO.'
- After that, you can select any IPO of your choice and click on Apply.
- In the next step, specify your lot size and price for the IPO and click Continue.
- In this step, enter your UPI ID and click on Confirm.
- You have to check the mandate on your UPI app.
- You can check your application status under the Status tab and look for the application sent to exchange and UPI mandate accepted options to be ticked.
- You can check the IPO timeline incluing IPO allotment status with date details under the Timeline tab.
How to apply for an IPO in Upstox using Netbanking?
To apply for an IPO in Upstox using Net Banking, you must follow these steps:
- You must login to your Net Banking website or the bank's mobile app
- Next, you need to navigate to the IPO section
- After that, you can select the IPO and click on Apply
- Next, you need to enter your Upstox Demat account number
- Besides, you need to enter the Investor type, quantity and price
- Tick cutoff-price checkbox if you are applying in the retail category
- Lastly, review you application and place the IPO order.
How to apply for an IPO in Upstox offline?
You can apply for an IPO in Upstox by following these steps:
- You must visit your nearest Upstox office.
- Next, you must fill out and submit the IPO application form there.
- Besides, you have to provide the necessary KYC details.
- After the share allotment, the invested amount will be debited.
How to Apply IPO in Upstox FAQs:
How can I apply for an IPO in Upstox using the Upstox Pro mobile app?
You can apply for an IPO in Upstox using the Upstox Pro mobile app by following these steps:
- Open the Upstox app and log in using your 6-digit PIN or Biometrics.
- Navigate to the ‘Discover tab' at the bottom and click ‘Invest in IPO.'
- Select your desired IPO and click on Apply.
- Fill out the details for your Lot size and price in the form that opens.
- Click on Continue after filling out the form.
- Enter your UPI ID and click ‘Confirm.'
- Check your application status under the Status tab.
- Accept the UPI mandate, and once accepted, check it under the application status.
- Check the timeline of your IPO application under the Timeline tab.
How can I apply for an IPO in Upstox using the Upstox Pro web app?
To apply for an IPO in Upstox using the Upstox Pro web app, you can follow these steps:
- Visit the Upstox Pro website and log in.
- Go to the Discover tab and Click on ‘Invest in IPO.'
- Select any IPO of your choice and click on Apply.
- Specify your lot size and price for the IPO and click Continue.
- Enter your UPI ID and click on Confirm.
- Check your application status under the Status tab and look for the application sent to exchange and UPI mandate accepted options to be ticked.
- Check the IPO timeline with date details under the Timeline tab.
How can I apply for an IPO in Upstox offline?
You can apply for an IPO in Upstox offline by following these steps:
- Visit your nearest Upstox office.
- Fill out and submit the IPO application form there.
- Provide the necessary KYC details.
- After the share allotment, the invested amount will be debited.
Conclusion
Applying for an IPO in Upstox is easy and only requires simple steps. After reading this article, you should know how to apply for an IPO in Upstox. As you have seen in the article, you can apply for an IPO in Upstox both offline and online.
Applying for an IPO in Upstox is easy and only requires simple steps. After reading this article, you should know how to apply for an IPO in Upstox. As you have seen in the article, you can apply for an IPO in Upstox both offline and online.
