BlinkX IPO Review (Apply Steps, UPI and Allotment Status)

BlinkX offers a range of financial services for Indians. With the BlinkX IPO application, you can invest in IPOs online through UPI (Unified Payment Interface). BlinkX customers can also apply for IPOs using the ASBA IPO application through the net banking facility of their bank account.

BlinkX IPO Apply

Applying for an IPO through BlinkX is very simple and easy. The BlinkX IPO application process is as follows:

Step 1

Research the IPO and the company you want to invest in and find out the company's plan, finances, and other aspects.

Step 2

To apply for an IPO, you must Open a demat account with BlinkX.

Step 3

Add the required funds, select the IPO you wish to invest in, enter your UPI ID, enter the lot size and bid amount and execute the order.

Step 4

Approve the mandate received in your UPI application to complete the bid process.

Step 5

After successful payment, the amount of the IPO application is blocked until allocation.

Step 6

As soon as the allotment is completed and you receive the shares, they will be credited to your blinkX Demat account, otherwise, the money will be transferred back to your bank account.

You can find information about the upcoming, current and closed IPOs information on the BlinkX website.

BlinkX IPO Charges

The BlinkX IPO application service is free of charge. BlinkX doesn't charge its customers any fees for applying for an IPO.

BlinkX IPO Allotment Status

The IPO process is followed by the allocation of shares, which will be completed on the third working day.

You can also check the BlinkX IPO Allotment Status using the BlinkX Application under the IPO section.

You will get an alert from CDSL or NSDL when IPO-allocated shares are credited to your demat account. And in case you are not allotted IPO shares, the following funds will be transferred to your bank account. At last, on the sixth day, the closed IPO is officially listed on the share market.