How to apply for IPO through Edelweiss?

Edelweiss offers an online IPO application to its customer as well as guests. Edelweiss's online IPO application is based on UPI as a payment gateway. Alternatively, if you have Edelweiss demat account, you can also apply in an IPO through the net-banking of your bank using the ASBA facility.

Note that you can apply in an IPO through Edelweiss even if you are not an Edelweiss customer. This is a unique feature offered by Edelweiss.

Steps to Apply for IPO through Edelweiss

1. Login to Edelweiss.in website or mobile app.
2. Go to the 'IPO' section.
3. Choose the IPO and click on the Apply button.
4. Enter your bid details like price, quantity and investor type.
5. Enter your UPI ID, review your order and click submit.
6. Open your UPI app and accept the payment request.

Note:

• You will get an email confirmation once your IPO application is accepted.
• Your IPO application is not complete until the UPI payment is approved. It may take up to 12 hours for you to receive the UPI payment request.

Steps to Apply for through Net-Banking (ASBA)

1. Log in to your net-banking account (i.e. ICICI, SBI).
2. Go to the IPO section.
3. Select the IPO from the list and click the Apply button
4. Enter IPO bid detail (price, quantity, investor type)
5. Enter the Edelweiss demat account information.
6. Review and submit application.