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
- Login to the Edelweiss website
- Click on the 'SELF INVESTING' tab on top.
- Click on the 'Primary Market' tab on top.
- Choose the IPO in 'ONGOING IPOs' and click on the Apply button.
- Enter your bid details like price, quantity and investor type.
- Enter your UPI ID, review your order and click submit.
- Wait for UPI Mandate which may take up to 6 hours.
- 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)
- Log in to your net-banking account (i.e. ICICI, SBI, HDFC).
- Go to the Online IPO Application section.
- Select the available IPO.
- Fill IPO order form with bidding details.
- Enter Edelweiss demat account number.
- Review and submit your order.
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