Paytm Moeny Account
Open Paytm Money account online and enjoy Free Delivery Trades for Life, Flat ₹10/trade for F&O, and Intra-day. Avail special offer with us and Get Rs 300 worth of brokerage free.
Open Account Now
In November 2020, Paytm Money started offering fully online/paperless IPO investment facilities to retail customers. All you need to do is register stock market KYC and apply for an IPO using UPI for Free at 0 charges. The broker offers a hassle-free IPO investment process via UPI ID on both the Paytm Money app and website. Paytm Money IPO window on App and web allows users to place a bid, modify, and cancel the IPO application anytime. Scroll down to check the Paytm Money IPO investment review including the process of how to apply IPO online through Paytm Money with and without UPI, IPO investment charges, allotment, and IPO investment platform.
Applying IPO with Paytm Money is a quick, easy, and 100% digital process. The broker allows online IPO investment through both the mobile app and web trading platform. Here is the Paytm Money IPO Apply process explained;
Applying IPO through Paytm Money is free at zero brokerage charges. You only need to register stock market KYC and invest in IPO online for free regardless of whether you are applying in IPO using UPI or ASBA/net banking process.
If you don’t use UPI then you can invest in IPO through ASBA or net banking process. The process is completely online and doesn’t more than a few minutes. Here are the steps on how to apply for IPO without UPI through Paytm Money;
Paytm Money doesn’t provide IPO allotment status on its web and app platform, however, once the IPO allotment status is out, the broker sends a notification on the registered e-mail and mobile number. Customers can also check the IPO allotment status on the registrar’s website.
If you’ve been allotted shares, then the funds will be debited from your bank account and allotted IPO shares will be transferred to the Paytm Money Demat Account. Once the IPO is listed on the exchange, you can sell shares by placing a normal sell order. However, in case of rejection, the blocked amount will be released by the bank.
Paytm Money allows users to invest in IPO online either through its mobile app or website.
Paytm Money App: It is an all-in-one mobile app for all your trading and investment desires whether to invest in stocks, IPO, and direct mutual funds. Android users can download the Paytm Money Mobile app from the android store and iOS fanatics can install the app from the App store.
Paytm Money Web: It is a web-based trading platform that is accessible through compatible browsers i.e. Internet Explorer, Safari, and Chrome. The web platform can be used by mobile phone, laptop, and desktop users.
Yes, Paytm Money offers online IPO investment on both the Paytm Money app and web platform. The broker offers a completely digital process wherein one can apply in IPO online using UPI payment gateway i.e. PhonePe, Google Pay, etc.
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;
Yes, investment in IPO through Paytm Money is possible via UPI ID and without UPI ID or ASBA process. ASBA (Applications Supported by Blocked Amount) is a process to buy IPO through your net banking portal, instead of applying directly through the broker.
Steps to invest in IPO via ASBA (without UPI ID) through Paytm Money:
Investing in IPO through Paytm Money is Free at zero brokerage charges. Thus, anyone who is looking to purchase IPO through his Paytm Money account can apply for it at a nil fee. Users can invest in IPO using UPI ID through Paytm Money App or website, as per their convenience.
Last Updated on 23rd Dec 2021
Free Delivery for Lifetime
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC
FREE Account Opening (
Trade at Flat ₹20 per Trade Pay-as-you-go Demat AMC
Flat ₹20 Per Trade
Free Trading Tips & Software