How to apply for an IPO in the existing shareholder or employee category?

How to apply for an IPO in the existing shareholder or employee category?

To apply for an IPO in the employee category using the 5paisa app, follow these steps:

·        Go to the IPO Tab: Open the 5paisa app and navigate to the IPO tab.

·        Select Live IPOs: Choose the option for live IPOs from the list available.

·        Click on Apply Now: Find the IPO you want to apply for and click on the "Apply Now" button next to it.

·        Select Investor Type: When prompted, select the investor type as "Employee".

·        Enter Quantity and Price: Enter the quantity of shares you want to apply for and specify the price if required. You may also have the option to edit these details.

·        Verify UPI ID: Verify your UPI (Unified Payments Interface) ID to ensure that the application will be processed correctly.

·        Click on Apply: Once you've verified your UPI ID, click on the "Apply" button to submit your application.

·        Accept Mandate on UPI App: You will be directed to your UPI app to accept the mandate for the IPO application. Follow the prompts on your UPI app to complete this step.

By following these steps, you can easily apply for an IPO in the employee category using the 5paisa app.


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