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

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Jainam Broking Limited has made IPO investing seamless for retail investors, HNIs, and shareholders alike through its intuitive mobile app (JPlus) and web platform. Whether you're bidding for a mainboard IPO, SME IPO, or REIT, Jainam offers a clean, fast, and fully digital experience — with zero brokerage charges on IPO applications.

Jainam IPO Dashboard

  • Comprehensive View: Access live, upcoming, and closed IPOs directly under the "Initial Public Offering" section.
  • Tracking Made Easy: Monitor your IPO bids and history in the “Orders” section.
  • SME & Mainboard IPOs: Jainam supports both SME and mainboard issues under a single platform.
  • Seamless Navigation: A mobile-optimised interface provides a smooth experience across devices, no app download necessary.

Key Features of Jainam IPO App

  • Live IPO Dashboard: Track upcoming, open, and closed IPOs in one place.
  • UPI-Based Applications: Apply securely via UPI for up to Rs 5 lakh.
  • Real-Time Allotment Updates: Stay informed without leaving the platform.
  • Supports SME, Mainboard & REIT IPOs: All under one roof.
  • Web & App Access: No app install required — works on mobile browser too.
  • Zero Fees: Jainam doesn’t charge any extra brokerage for IPO investments.

Stay Updated on IPO Dashboard

Stay updated on all IPO statuses effortlessly through the JPlus app or the Jainam IPO Web Portal, where you can explore live, upcoming, and recently closed IPOs along with detailed offer insights and timelines.

  • Log in using ID, password, and PIN.
  • Navigate to the IPO section to see:
    • Open IPOs
    • Upcoming IPOs
    • Closed IPOs

IPO Application Using UPI on Jainam

You can apply using either the JPlus App or the web platform.

Steps via JPlus App:

  1. Open the app and log in.
  2. Tap on the IPO section.
  3. Choose your desired IPO and tap Apply.
  4. Select the Investor Type (Retail, Shareholder, etc.).
  5. Enter the Lot Size.
  6. Enter the Bid Price (or select the cut-off option).
  7. Input your UPI ID, agree to the declaration, and hit Continue.
  8. Accept the UPI mandate request from your UPI app (PhonePe, GPay, BHIM, etc.).

Modify or Cancel IPO Bids on Jainam Platform

IPO applications, whether pending or already submitted, can be easily modified as long as the IPO window remains open, allowing investors the flexibility to adjust bids, lot sizes, or other details before final submission.

Steps to Modify or Cancel:

  1. Log in to the JPlus app.
  2. Go to IPO > Order Book.
  3. Select the IPO from your list.
  4. Tap on Modify to make changes or
  5. Tap on Delete and Submit to cancel the application.

Investing in REIT IPOs through Jainam

  1. REIT IPOs can be applied through JPlus (app/web).
  2. Only the NII category is allowed for REIT IPOs (the Retail category is not permitted).
  3. Modifications: Only upward bid modifications are allowed.
  4. Applications cannot be cancelled once submitted under NII.
  5. Apply using UPI up to Rs 5 lakhs.
  6. Orders accepted 10:00 AM to 4:30 PM on issue days.

Note: Incorrect UPI = Application Rejection.

Multiple IPO Category Application via Jainam

Yes, applying under both shareholder and retail categories is permitted, provided certain conditions are met to ensure compliance. This allows investors to maximise their chances of allotment across eligible categories while using the same demat account.

  • Use the same demat account for both categories (unless restricted by RHP).
  • Only one active application per category is permitted.
  • To apply under a different category, you must reapply and select the new category.

Key Facts to Remember

Feature

Jainam Platform Support

IPO Types Supported

Mainboard, SME, REIT

Application Method

UPI & ASBA (via bank)

Max UPI Bid Limit

Rs 5,00,000 per category

App Name

JPlus

Web Access

Yes

Allotment Status Tracking

In-app (Order Book)

IPO Fee

Rs 0 (Zero brokerage)

Conclusion

Jainam’s comprehensive IPO investment platform delivers a seamless blend of transparency, convenience, and reliability for all types of investors. Whether you're applying under the retail category, shareholder quota, or participating in REIT offerings, Jainam ensures a smooth, secure, and user-friendly experience across every stage of the IPO journey.

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Frequently Asked Questions

Steps:

  1. Log in to the JPlus app with your client ID.
  2. Go to the IPO section from the home screen.
  3. Select the IPO you want to apply for.
  4. Tap ‘Apply’ and choose your investor category.
  5. Enter lot size, bid price, and your UPI ID.
  6. Agree to the declaration and apply.
  7. Approve the UPI mandate from your UPI app.
  8. Track status under IPO > Order Book.

 

Steps:

  1. Login to the Jainam IPO Portal or JPlus app using your registered mobile number or client ID.
  2. Go to the IPO section and select the IPO you wish to apply for.
  3. View details like price band, lot size, and closing date.
  4. Click ‘Apply’, choose your investor type (Retail/Shareholder/NII).
  5. Enter your bid price, number of lots, and UPI ID.
  6. Agree to the declaration and submit your application.
  7. Approve the UPI mandate in your UPI app (Google Pay, PhonePe, etc.).
  8. Once approved, your IPO application is successfully submitted.
  9. Track the status anytime from the Order Book section.

 

Steps:

  1. Log in to the JPlus app or IPO Portal.
  2. Go to the IPO section and tap on Order Book.
  3. Select the IPO you’ve applied for.
  4. To make changes, tap ‘Modify’ and update bid details.
  5. To cancel, tap ‘Delete’ and confirm submission.
  6. Modifications/cancellations are allowed only while the IPO window is open.

 

Yes, investors can apply in both Shareholder and Retail categories for the same IPO, provided certain conditions are met:

  • Use the same PAN and demat account for both applications.
  • Submit only one application per category to avoid rejection.
  • Ensure the IPO allows shareholder quota (as mentioned in the RHP).
  • If switching categories, cancel the existing bid and reapply under the correct category

 

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Information on this page was last updated on Thursday, August 14, 2025

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