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How to purchase IPO through Paytm Money App using UPI ID?

Paytm Money allows customers to register stock market KYC and purchase IPO through UPI on its mobile app. Here is the process to buy IPO using UPI on Paytm Money App;

  1. Install the Paytm Money app and log in to your Paytm Trading Account.
  2. Go to the IPO window and among the list of open IPOs, select the IPO, you wish to invest in.
  3. Enter price, quantity, and other details. You are allowed to place a maximum of 3 bids.
  4. Enter your UPI address linked with the same bank account.
  5. Approve the mandate on your UPI App.
  6. Once the mandate is approved, funds will remain blocked in your personal account till allotment.
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