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How to apply for IPO through SAMCO without UPI?

All the brokers including SAMCO provide the facility to apply for IPO using the ASBA process. In this process, you need to have a net banking facility available with you with any Indian bank. Follow the steps for applying in an IPO using the ASBA process:

  • Login to your net banking account of any Indian bank.
  • Go to IPO offerings.
  • Enter your Demat account details.
  • From the list of open IPOs, click on the IPO that you want to apply.
  • Enter IPO details such as bid quantity, bid price, etc.
  • Verify and confirm the IPO application request.
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