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Home/ Questions/Q 438
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Nilesh Jaiswal
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Nilesh JaiswalContributor
Asked: September 24, 20212021-09-24T04:30:42+05:30 2021-09-24T04:30:42+05:30In: Learning

How to Apply for an IPO?

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What is the procedure to apply for an IPO and what are the required documents?

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    1. Karthik Chandra
      2021-12-01T10:39:13+05:30Added an answer on December 1, 2021 at 10:39 am

      There are many ways to submit an application for IPO. You can apply through Net Banking, UPI, Broker’s account, etc.

      The following is the procedure to submit an IPO application in Zerodha and Upstox account.

      How to Apply for an IPO in Zerodha Account:

      Firstly, you will have to open a Demat account in Zerodha. Click Here to open a new account.

      Step-1: Login to your Zerodha Kite account

      Step-2: Click on your User ID on the top right corner of the website and go to the console page

      Step-3: Click on the IPO under the Portfolio menu

      Step-4: All the ongoing and upcoming IPOs are listed on this page

      Step-5: Click on Status for important dates & hit the Apply button

      Step-6: Submit your bid and quantity

      Step-7: Finish the payment process & submit the Application

      You will get notified via your registered Email ID and Mobile Number

      How to Apply for an IPO in Upstox account

      Upstox is offering a free Demat account, if you haven’t opened it yet, open a Upstox account here.

      After finishing the account opening process, follow the below steps to submit the application for an IPO.

      1. Click on the link called “Invest” on the top left of the page
      2. You will find the “Invest in IPOs“ segment, at the bottom of the page. Click on it
      3. A new page opens with ongoing and upcoming IPOs
      4. Select the IPO that you wish to invest in
      5. Hit the apply button and enter the no. of lots
      6. Finish the payment process & submit the application
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