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Open Instant and Online account with 5paisa in 15 mins.5paisa provides trading across equity, futures & options, commodity, currency, IPO, MF, and others. The online discount broker offers online IPO application facilities through two routes - one is ASBA channel and another is via UPI route. Here, on this page, we’re providing you complete details about 5paisa IPO investment including how to apply for IPO with 5paisa via UPI and ASBA, 5paisa IPO investment charges, demo, and others.
One can subscribe to IPO using ASBA (Application Supported by Blocked Amount) channel. If you have a 5paisa Demat Account then, you can use the net-banking process to apply in IPO. To do this, follow these steps;
Detail Article on ASBA Process for IPO Investment >> Read
What type of account I need to invest in IPO?
To invest in IPO, you need to have:
Where can I find the Self-Certified Syndicate Bank branches list?
List of Self-Certified Syndicate Banks under the ASBA facility are available on SEBI, NSE and BSE Sites.
SEBI List of SCSB >> List of Self Certified Syndicate Banks
NSE SCSB >> List of Self Certified Syndicate Bank
BSE SCSB >> List of Self Certified Syndicate Bank
Where can I find my 5paisa DP Account Number?
You can find 5paisa Depository Account Number from welcome letter sent to you, back office software, your monthly demat holding statement or calling 5paisa Customer care number.
IPO investment via UPI app is a very simple and convenient way wherein you can use the UPI payment app to subscribe to IPO. If you’re already a BHIM UPI app user then you can apply in IPO directly, however, if you haven’t yet installed UPI app, then at the first step, the process requires generating BHIM UPI ID by downloading the app from the Google Play Store on android whereas iOS users can install the app from the App Store.
Steps to apply in IPO using UPI
5paisa offers free IPO subscription means one can invest in IPO with 5paisa at zero brokerage fee.
Last Updated on 11th Jan 2024
Once the allotment process is complete, the IPO registrar such as Karvy, Link Intime, etc. provides the IPO allotment status. You can check the IPO subscription status by visiting the registrar’s website. Once you’re allotted with IPO shares, then the shares will be credited to your demat account.
To apply for IPO through 5paisa is simple and convenient in just 3 steps:
5paisa allows customers to invest in IPO online using their UPI ID on the 5paisa app or web platform. It takes less than 5 minutes to purchase an IPO online through the 5paisa app
Steps to apply in IPO using 5paisa App;
The money will be freeze till allotment and once it gets finalized, based on the allotment status, the money will be debited or credited back to your account.
Yes, if you are a 5paisa account holder then you can subscribe to the IPO of your choice online using your UPI payment gateway. Customers can purchase IPO online by login to the 5paisa mobile trading application or trade station browser-based web platform.
If you have placed an IPO apply for an order in 5paisa and now you want to cancel it, then you can do it online before the IPO window closes for a subscription. Check out the steps to cancel an IPO order in 5paisa;
Yes, 5paisa trading and demat accountholders can invest in both BSE SME and NSE SME IPO. The process to apply in SME IPO is exactly same as that of mainboard IPO. You can subscribe to an SME IPO using UPI ID on the 5paisa stock trading app or web platform.
Yes, you can subscribe to an IPO of your choice through 5paisa without UPI using the ASBA net banking facility. The ASBA process only requires you to have a net banking account with your bank without being a valid UPI ID.
To apply in IPO without UPI, log in to the net banking portal, go to IPO, tap on apply now in IPO of your wish, enter 5paisa demat account details, and submit the order. Once you have successfully placed IPO order, the money will be freeze in your bank account till the allotment finalizes.