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Apply for IPO with 5paisa 2024

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5paisa Capital Ltd IPO and Mutual Funds Investment
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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.

IPO Investment with 5paisa

  • Initial Public Offering is a process to sell stocks for the first time by private companies to the public. 5paisa provides all IPOs information including bidding details, IPO open and close date, IPO application status, etc. IPO investment with 5paisa is possible through two different routes – one is the ASBA process and another is the UPI process.

Current and Upcoming IPO's investment with 5paisa

Online IPO Investment with 5paisa via ASBA

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;

  • Login into your net banking account.
  • In the menu option, click on the investment offerings and select “IPO”
  • Choose the IPO, you want to invest in.
  • Enter details i.e. bid price, lot size, Demat account number, etc.
  • Submit the IPO subscription request and assure you to keep the required balance in your bank account.

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:

  • Bank account with Self-Certified Syndicate Bank.
  • DP account with 5paisa.
  • Trading Account to trade in holding of shares.

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.

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.

Online IPO Investment with 5paisa via UPI

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

  • Log-in to your 5paisa Trading Account either on Trade Station online platform or mobile trading app.
  • Go to IPO offerings.
  • Select the IPO that you want to subscribe to and click on “Apply”.
  • A new IPO window will be open that presents complete details about the IPO such as start date, end date, lot size, and others.
  • Enter your BHIM UPI ID and bid details such as lot size, bid price, etc. and confirm details.
  • Accept the authorization request that you’ll receive on your UPI app. The acceptance will freeze the application money in your account until the allotment.
  • On allotment date, if you’re allotted with IPO shares either fully or partially then the required money will get debited from your account and extra amount to the extent of shares you’ve applied but not allotted will be unfrozen.

5paisa Acceptable UPI Apps

  • One requires BHIM UPI App to subscribe IPO online with 5paisa. BHIM Axis Pay, BHIM SBIPay, Citi Mobile, Google Pay, HSBC Simply Pay, iMobile by ICICI, and Phone-pe are the allowed UPI app to apply in IPO.

5paisa IPO Investment Demo

  • You can use 5paisa mobile app to invest in IPO through the UPI process. On the 5paisa YouTube channel, you can check the demo about the IPO application process on a mobile app using UPI.
  • Apply in IPO on 5paisa mobile app

5paisa IPO Investment brokerage

5paisa offers free IPO subscription means one can invest in IPO with 5paisa at zero brokerage fee.

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Last Updated on 11th Jan 2024

FAQs

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:

  • Create UPI ID (first time when you applying)
  • Apply in IPO through 5paisa.com using your UPI ID
  • Check mandate notification on BHIM UPI app and approve with UPI PIN

 

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;

  1. Log in to the 5paisa mobile trading app.
  2. Under the menu, go to the “IPO” option.
  3. A list of all the current and upcoming IPOs will be available.
  4. Tap on the “Apply Now” option respective to the IPO of your choice.
  5. Enter the number of lots, bid price, and UPI ID, and hit the “Apply” button.
  6. Accept the payment mandate request you received on the UPI app to block funds.
  7. Upon successful authorization, the IPO application order will be sent to the exchange.

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;

  1. Log in to your 5paisa account on the app or web.
  2. Search for the “IPO” option.
  3. Tap on Reports.
  4. Click on the “IPO” that you want to cancel an order for.
  5. Now, hit the “Cancel” option to delete your IPO order.

 

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.