Up to what limit can I apply for a public issue in UPI?

Up to what limit can I apply for a public issue in UPI?

As per SEBI regulations, retail investors can apply for public issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per application. This applies to both regular retail individual investors and investors in the High Net Worth Individual (HNI) category. It's important to note that this limit is per application and not per UPI ID. Therefore, if an investor submits multiple applications for the same public issue, the total bid amount across all applications should not exceed Rs. 2 lakhs.


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