IPO or Initial Public Offering has become a new favourite among many traders and investors. Following is the process to Apply for IPO using the Sharekhan App:
- Open the Sharekhan App, and log in with your ID and membership password.
- Click on the hamburger menu or bottom menu option and Select "IPO" under the Equity segment.
- A list of all the current IPOs with their information will Appear. Choose the IPO you are interested in.
- On the Application form, fill out the details like Demat account number, Category, Quantity, Price cut, and UPI ID.
- Click on the check box to agree with the terms and conditions. Now, click on the submit button.
- On the Order Confirmation page, check all the details again and click on "Confirm Order".
- After this your request will be sent to Sharekhan who will send you a Mandate to authenticate your bid amount.
- Confirm the mandate within the due date by clicking on "Proceed".
- After this, enter your UPI ID for the payment. You will receive a confirmation message for your order.
- Your order has been placed. You can check the same in the Order Book.
