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How to apply IPO in SAMCO?

Earlier, SAMCO did not provide an online IPO application but now, it has come up with online investments in IPO using the SAMCO portal in less than a minute. All you need to have is a UPI ID and UPI 2.0 enabled apps on your mobile.

Steps to apply for IPO in SAMCO:

Go to the SAMCO Star page.
Select the “Corporate Action” on the Menu page and click on IPO
Here, you will find the available IPOs. Select the IPO you want to apply, enter all the details regarding target price, bid quantity, etc.
Click on apply.
On the next page, you can change the bid quantity and cut off price.
Enter your UPI ID; tick the checkbox to accept the declaration and click on submit.
You will receive a notification in your UPI App.
Click on the notification, submit your details, and pin to complete the payment.
Click on the notification and you will see a pending mandate request. Click on proceed and accept the mandate.
Your payment is done and you have bid on the IPO.

Next, you can check the status of your application on the order status page of SAMCO.

Answered on 2020-09-03

1

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