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You can subscribe for an IPO in Zerodha from 10 am to 4.30 pm during the IPO offer period using the UPI through Zerodha Console.
To subscribe for an IPO in Zerodha, you need to go to the IPO section under the Portfolio tab in Zerodha Console and select the IPO you wish to apply. Enter the IPO bid details and submit. You will receive a mandate request on the UPI app that needs to be accepted to complete the IPO subscription process.