Bajaj Broking IPO Review (Apply Steps, UPI and Allotment Status)

Applying for an IPO has become easier with platforms that offer fast, paperless, and UPI-enabled processes, and Bajaj Broking is one of them. The IPO section on Bajaj Broking’s app and website gives investors a smooth and beginner-friendly experience, with pre-filled details for existing clients and an option for guest users to apply without opening an account. This guide explains the full IPO application journey, key features, charges involved, and how to track allotment status.

IPO Application on Bajaj Broking – Overview

Bajaj Broking enables investors to apply for both Mainboard and SME IPOs directly through its online platforms. The UPI-based application flow ensures quick submission. For customers with a trading and Demat account, essential personal and bank details are auto-populated, reducing the effort required during bidding.

Guest users can also apply by verifying their PAN and mobile number, making the platform accessible even for those who do not hold an account with Bajaj Broking.

Key Features of the Bajaj Broking IPO Platform

• UPI-based IPO application for a quick and secure payment authorization
• Apply for Mainboard and SME IPO categories
• Simple, digital-only process with no paperwork
• Accessible on both mobile app and web platform
• Modify or cancel IPO bids during the bidding window
• Auto-filled details for existing customers to save time
• Guest user access, allowing PAN-based applications without a Demat account
• Easy tracking of IPO order status and allotment updates

How to Apply for an IPO on Bajaj Broking

1. Applying for an IPO Through the Bajaj Broking Mobile App

• Log in to the Bajaj Broking mobile app.
• Tap on IPO on the home page.
• Choose the IPO you want to apply for.
• Enter bid details such as quantity, price/cut-off, and UPI ID.
• Review and submit your application.
• Open your UPI app and approve the mandate request.

2. Applying for an IPO Through the Bajaj Broking Web Platform

• Visit the Bajaj Broking website and log in.
• Navigate to the IPO section on the dashboard.
• Select the IPO you wish to apply for.
• Your KYC and Demat details will be auto-filled.
• Enter lot size and UPI ID.
• Confirm and submit the IPO application.
• Approve the UPI mandate when notified in your UPI app.

3. IPO Application for Guest Users (Non-Account Holders)

• Go to the IPO application page on the Bajaj Broking website.
• Enter your PAN and mobile number.
• Validate with the OTP sent to your mobile.
• Select the IPO you want to bid for.
• Enter required details like name, email, UPI ID, and bank handle.
• Submit your application.
• Approve the mandate in your UPI app to complete the process.

Guest users receive the same UPI-based flow and do not require a Demat account with Bajaj Broking to place the initial application.

IPO Charges on Bajaj Broking

Applying for an IPO through Bajaj Broking is completely free. There are no fees for submitting an IPO application on the platform. Charges are applicable only when allotted shares are later sold, which include:

• Brokerage (as per the chosen subscription plan)
• Exchange transaction charges
• Demat charges
• Statutory taxes

There are no additional IPO processing or platform fees

How to Check IPO Allotment Status

Investors can check ipo allotment status using the following methods:

• Check on the Registrar’s Website: IPO registrars such as Link Intime or KFin Technologies provide allotment lookups using PAN, application number, or DP ID.
• Check via Bajaj Broking IPO Order History: Once allotment is finalised, Bajaj Broking updates the application status in the IPO Order History section.

If shares are allotted, they will be visible in your Demat holdings.

Conclusion

Bajaj Broking offers a clean, intuitive, and fully online IPO application experience with UPI-based payments and a simplified form. With application options available for both customers and guest users, the platform makes it easy for retail investors to participate in ongoing public issues through mobile or web. Whether you’re bidding for the first time or applying frequently, the process remains quick, transparent, and accessible.