HOW TO APPLY IPO THROUGH UPI IN ZERODHA?

IF YOU HAVE TO APPLY IPO THROUGH ZERODHA YOU MUST HAVE ZERODHA DEMAT & TRADING ACCOUNT WITH YOU. IF you don't have zerodha account you can open it by clicking this link here.

LOGIN TO YOU KITE.ZERODHA.COM

OPEN YOUR CONSOLE MENU BY CLICKING ON YOUR CLIENT ID

NOW GO TO PORTFOLIO > IPO.

NOTE:

TIME FOR APPLY IPO IN UPI METHOD THROUGH UPI IN ZERODHA IS OPEN FROM 10 AM TO 5 PM ON TRADING DAYS.

YOU DON'T NEED TO HAVE MONEY IN YOUR ZERODHA TRADING ACCOUNT. MONEY FOR IPO WILL BE BLOCKED FROM BANK ONLY.

NOW CLICK ON BID ON IPO YOU WANT TO APPLY FOR. 

WHICH EVER IPO OPEN FOR APPLICATION WILL BE SHOWN IN LIST AS SHOWN IN ABOVE IMAGE.

NOW AFTER YOU CLICK ON BID NEW WINDOW WILL OPEN ASKING YOU TO ENTER YOUR BHIM UPI ID 

BESIDE THAT CLICK ON VERIFY [IF YOU ARE APPLYING YOUR IPO FOR THE FIRST TIME THROUGH ZERODHA UPI METHOD.]

SELECT INVESTOR TYPE 

select individual investor 

QUANTITY & CUTOFF-PRICE

then place quantity you want to apply for in QTY section.

if you want to apply for one lot then enter quantity equivalent of one lot.

FOR example :

you have 27 minimum quantity for  1 LOT OF APPLICATION AND YOU WANT TO APPLY FOR 2 LOTS THEN YOU HAVE TO FILL 2 X 27 = 54 QUANTITY in qty field.

now select cutoff-price and then don't fill anything in below 2,3 section leave it blank.

now click your undertaking and click submit button.

that will apply your IPO THROUGH upi in zerodha.

now in next step you have to open your BHIM application on your mobile device.

go to IPO SECTION in your BHIM APPLICATION.

NOW IT WILL SHOW YOU YOUR APPLIED BID ON PENDING SECTION.

It may take time with in 12-24 hours you may get the REQUEST ON YOUR IPO.

NOW IF YOU SEE ANY IPO DETAILS IN PENDING SECTION.

PLEASE CLICK ON PROCEED AND CONFIRM YOUR PAYMENT BY COMPLETING YOUR PROCEDURE BY ENTERING YOUR TRANSACTION UPI PIN.

CLICK I AHVE READ AND CONFIRMED THE ABOVE DETAILS AND CLICK APPROVE.

IF ITS ON THEN IT WILL SHOW YOU BELOW MESSAGE OF IPO CREATION SUCCESSFUL.

NOW IT WILL SHOW IN YOUR ACTIVE SEGMENT OF IPO IN BHIM APPLICATION.

SO I HOPE YOU HAVE LEARNT HOW TO APPLY IPO THROUGH BHIM APPLICATION IN ZERODHA AND IT WILL TAKE HARDLY 15 MINUTES TO COMPLETE THE PROCESS.

ONCE YOU RECEIVE YOUR APPLIED IPO ALLOTED TO YOU IT WILL SHOW IN YOUR ZERODHA ACCOUNT HOLDING SEGMENT.

AND IF IT GETS REJECTED AND YOU DONT GET YOU IPO ALLOTED THEN YOU WILL RECEIVE YOUR APPLIED BLOCKED MONEY BY BANK BACK IN YOUR BANK ACCOUNT.

I HOPE YOU FIND THIS METHOD USEFUL. PLEASE SUBSCRIBE TO OUR YOUTUBE CHANNEL FOR MORE RELATED TOPICS TO STOCK MARKET. I REGULARLY POST THERE ABOUT STOCK MARKET.