Maximize Your Investment Potential: A Comprehensive Guide to IPOs and Staying Up-to-Date on Opportunities.
Submitting an application for an IPO via Zerodha is a breeze with either the Kite web or Kite app. Supported UPI apps can be found on the Live Partners page of the NPCI website.
Using the Kite app, you can easily apply for an IPO by opening the Orders tab and selecting IPO. From there, simply choose the desired IPO and select Apply. Follow up by entering the UPI ID, Quantity, and Price. After verifying your information with the undertaking checkbox, submit your application by swiping the button. Finally, complete the process by accepting the mandated confirmation through the UPI app.
Applying for an IPO via Kite web requires a different but equally simple process. After visiting the Kite web orders/ipo page, click Apply and select the investor type. Using your UPI ID, enter the Qty and Price fields, ensuring they adhere to the requirements. Conclude by checking the undertaking box and clicking Submit, then confirming the mandate with your UPI app.
Within one day of applying, an SMS from the exchange will be sent confirming your bid. Additionally, you can verify application details on the NSE website the day after submitting the bid.
It's necessary that you use the same bank account linked to your UPI ID when applying for the IPO. If this is not the case, your application will be rejected. Visit the Zerodha support page for any additional IPO related queries.
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