FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha Trade@20
Motilal Oswal offers IPO investment facility to its customer. Through its MO investors mobile app and web-based platform user can check the upcoming and ongoing IPO list. And can buy the IPO application from MO platform at free of cost charges. As well as the selling process of an IPO application is also quite easy from this platform. Motilal Oswal investment platforms allow user to process the IPO application with UPI payment mode. This page will provide you with detailed information about IPO services, so be sure to review this page.
UPI is the easiest way to apply for an IPO, If you want to invest in an IPO through UPI mode in Motilal Oswal then follow the procedure :
In case you don’t allow an IPO application then the blocked fund will be released from the bank account.
Detail Article on ASBA Process for IPO Investment >> Read
Motilal Oswal provided a Demo video of the IPO subject, so customers get more clarity on these investment tools.
To check the IPO allotment status in the Motilal Oswal trading platform follow these steps:
Alternate method of check allotment status :-
If you get an allotment then the IPO application shares will be credited into your Motilal Oswal Demat Account, and then the required blocked funds will be debited from your bank account. And on another case, if you don’t get an IPO allotment then the blocked funds will be released from the Bank account.
Motilal Oswal does not take any charges for applying for an IPO with its MO platforms. User can apply as many as IPO with MO Investor app at free of cost.
Last Updated on 14th Sep 2023
No. If your transaction process status is showing "processed" / "Completed", then you can not modify the IPO application. But if your transaction order is showing "in-processed"/ "Pending "then you can cancel the IPO application and can apply again.
Once you got an allotment the IPO shares will be credited to your Motilal Oswal Demat Account. Now you can easily sell these IPO shares by following the process:-
To invest in IPO, you need to have:
List of Self-Certified Syndicate Banks under the ASBA facility are available on SEBI, NSE and BSE Sites.