Does Zerodha allow IPO?

Yes, Zerodha allows its customers to apply for IPO online from Zerodha Console website. The investment amount needs to be paid using a UPI 2.0 enabled app. Here are the steps to apply in an IPO:

1. Login to the Zerodha Kite website.
2. Go to Console >> Portfolio >> IPO.
3. Choose the IPO you want to apply for from the list
4. Enter your UPI ID and enter bid details like price, quantity, etc.
5. Check the details and Click Submit
6. You will receive a 'Mandate' request on your UPI app by the end of the day, click 'Proceed' and you're done.

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