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How to subscribe Mindspace REIT IPO with Zerodha?

Zerodha allows to apply online in IPOs via their back office software "console". UPI payment mode is to be used to apply online through Zerodha. However, Mindspace REIT IPO case is bit different. As this is REIT, only QIB and NII category (HNI) can apply in this IPO. No quota is allocated for retail investor as lot size is very high.

In such case you have left with only option of ASBA. To purchase Mindspace REIT IPO with Zerodha you need to use net banking and apply with ASBA process. You need to use Zerodha Demat Account detail so after allotement, you will get shares in your Zerodha demat account.

Steps to apply in Mindspace REIT through Zerodha

  1. Login to your bank account online via Net Banking.
  2. Go to Investment Option > Other Investment > IPO Investment
  3. Select 'Mindspace REIT IPO' from the list.
  4. Enter the Quantity, Price, Zerodha DP Account details.
  5. Submit your application.

ASBA Process Explained

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