How to buy IPO in Edelweiss?

Edelweiss Broking offers an online IPO application to buy IPO. Edelweiss IPO application is based on UPI as a payment gateway. This means you need a UPI to apply in an IPO online with Edelweiss.

If you have not set up UPI, you could use an alternate way to by IPO online using the net-banking facility of the bank where you have an account. All banks offer ASBA IPO facility.

Steps To Apply IPO Online in Edelweiss

1. Login to the Edelweiss website
2. Click on the 'SELF INVESTING' tab on top.
3. Click on the 'Primary Market' tab on top.
4. Choose the IPO in 'ONGOING IPOs' and click on the Apply button.
5. Enter your bid details like price, quantity and investor type.
6. Enter your UPI ID, review your order and click submit.
7. Wait for UPI Mandate which may take up to 6 hours.
8. Accept UPI Mandate in your UPI app (Net Banking or BHIM app)

Note:

• You will get an email and SMS confirmation once your IPO application is accepted by Edelweiss.
• Your IPO application is not complete until the UPI payment is approved. It may take a few hours for you to receive the UPI payment request.

Steps To Apply IPO Online in Edelweiss (ASBA Net-Banking)

1. Log in to your net-banking account (i.e. ICICI, SBI, HDFC).
2. Go to the Online IPO Application section.
3. Select the available IPO.
4. Fill IPO order form with bidding details.
5. Enter Edelweiss demat account number.
6. Review and submit your order.