Zerodha Account Opening

₹0 Brokerage on Equity Delivery & Mutual Funds
Flat ₹20/trade for Intraday & F&O

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⏱ 5 min | 100% Online | Paperless

Can I bid for IPO from funds available on Zerodha Kite?

No, you cannot use the funds in Zerodha Trading Account to apply in an IPO. Zerodha uses UPI as a payment option for online IPO applications. The UPI is a unique ID for your bank account. When applying in an IPO with UPI ID, the funds are locked in your bank account.

 

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