IPO Initial Public Offering is the process of offering private companies’ shares to the public in stock insurance. IPO allows the company to raise capital through public investors in exchange for company shares. To hold an Initial Public Offering, companies are required to complete the requirement by exchanging the (SEC) Security exchange commission.
Companies get listed in the stock market through Initial Public Offering (IPO). Any investor who wishes to buy stock can apply for an IPO through his trading account.
Zerodha is an Indian financial service company that allows investors to invest in Initial Public Offering through UPI apps.
In this article, we will tell you how to invest in an IPO through Zerodha. If you follow our article you will not experience any trouble during Zerodha login.
Zerodha IPO apply
Only those people can apply for Zerodha IPO who have an account with the firm. Once you have a Zerodha account, log in to the Zerodha console and use your Unique payment Interface for the application.
Zerodha’s IPO application permits the firm’s existing clients to apply for IPO via the portal.
Zerodha Initial Public Offering involves these major processes
- Those who do not have UPI enable have to create a UPI id on BHIM UPI
- Apply using the BHIM UPI ID through the Zerodha console
- Approve the Notification on the BHIM UPI app
If you have a Demat account with Zerodha, you can apply for IPOs like stove kraft using several methods offered by brokers.
Zerodha IPO Console
You should keep one thing in your mind, Zerodha Initial Public Offering can be done through the Zerodha console. You need a UPI app that has a 2.0 version because the lower version will not work.
- Zerodha login gives access to the console and clicks on the Initial Public offering from the portfolio menu.
- Now select the Initial Public Offering (IPO) of your choice
- Once you click on the IPO you can see all its details namely.
- Now enter the UPI id and verify it. The UPI id has to be linked with your account number otherwise your IPO application will not be accepted.
- Once your UPI gets verify place your bid and select the investor’s type
- To apply at the cut-off price just tick the box next to the cut-off.
- In the price, the field enters the price of your choice, for placing the bid at your price.
- Once done with all these processes confirm your application and submit it.
- Once you submit your application you will receive a request on the UPI app.
After completing your bid, you will receive a confirmation message via SMS. One more thing, you can also check your Ipo application status.
How to apply for an IPO in Zerodha without UPI?
Firms offer only Zerodha UPI-based IPO applications. If you have no UPI id you can create it with a few simple steps. Other things are you can apply for an IPO through net banking.
In this article, we have shared steps on how to invest in an IPO through Zerodha. If you follow these steps you can easily invest in Zerodha API.
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