Benefits of Applying for IPOs through Investing.
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For applying in IPOs through Us, an Investor requires to have PAN, Demat Account, Bank Account, UPI ID (for Applying through UPI ASBA).
Yes, Getting Registered with Us & Applying IPOs is absolutely free.
Yes, you don’t need to have Demat Account with us, you can Apply with Any Demat Account. As we say “Demat Kahin Bhi... Apply Easily...”
Anybody who has a smart phone and Bank Account can Get BHIM or Other UPI ID. Provided your mobile number is registered with the bank and a debit card linked to that account.
First of all, Download & Install any of the UPI App., like BHIM / Google Pay / PayTM / PhonePe etc.
After installing and running the app for the first time:
On successful registration, User’s UPI ID Will be Created. You can add one more Virtual Payment Address (VPA) by going to the profile section.
UPI as Part of Applying:
UPI as part of blocking:
UPI as part of payment for shares post allocation process :
The bank account associated with the UPI ID is held with a bank whose name is appearing in the ‘List of SCSBs eligible to act as an Issuer Bank’ available on website of SEBI;
You are using a mobile application and UPI handle that supports use of UPI for IPOs. A list of such application and handles is appearing in the ‘List of SCSBs eligible to act as an Issuer Bank’ available on website of SEBI;
The total length of the UPI ID does not exceed 45 characters.
Generally it takes some time to get UPI Mandate for Blocking Funds, but still if you don’t receive the same, you can cancel the Application & re apply with fresh application.
Generally Allotment status is available on the Registrar & Transfer Agent’s website after Announcement of Basis of Allotment. You can find the Allotment Status Link from our website for all IPOs as and when its Announced.
Yes, you can apply for your family Members from your login, provided you have different UPI IDs for each family Members. You can’t use your UPI ID for Other Family Members as it becomes Third Party Transaction, which is not allowed.
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