How to apply in IPO online with SBICAP Securities?

Question

Accepted Answer · 2020-03-05

You can either select ASBA or UPI to apply in IPO with SBICAP Securities following the below provided process;

Visit the broker’s website: sbismart.com.
Login your trading account
You will find an IPO option, just click on it.
An IPO window will be displayed, click on “Apply”.
Under Applicant details, enter your category i.e. employee, general, or shareholder.
Under IPO details, enter fields i.e. bid quantity, cut-off price etc.
You will find two options; ASBA or UPI, select your preferable option and click on the “Submit” button.
In case of ASBA, your order will be placed however, if you’ve selected UPI then you will get a UPI mandate request on your app. You have to accept the request to authorize payment.
On allotment, if you’re allotted with shares then the money will be debited from your account, otherwise it will get released.

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