Can I use any UPI App to bid for IPO’s?
Yes, you
can use any UPI-enabled app to bid for IPOs. During the IPO application
process, you'll be prompted to enter your UPI ID linked to your preferred UPI
app. This allows you to authorise payments directly from your bank account
through the UPI interface, making the bidding process seamless and convenient.
Whether you use Google Pay, PhonePe, Paytm, or any other UPI app, you can
participate in IPOs if it supports UPI transactions. You can refer to the list
of eligible UPI Apps live on IPOs provided by the National Payments Corporation
of India (NPCI) at the following link: Eligible
UPI Apps for IPOs
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How can I apply for an IPO without using UPI?
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What are the steps to modify or cancel an IPO bid?
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Can I apply for IPO using others UPI ID?
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How to add funds using UPI ID?
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How do I select UPI as the payment option while applying for IPO?
Following are the steps that will enable you to apply for an IPO using UPI as the payment option through the 5paisa app: · Go to IPO Section: Open the 5paisa app and navigate to the IPO section. · Select Live IPOs: Choose the IPO you want to apply ...