Can employee apply in an IPO with UPI?

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Key Facts

• India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
• Yes, eligible employees can purchase an IPO for an amount not exceeding Rs 5 lakh through UPI. Employees can place IPO bid under the employee quota or retail category.
• 1. Which Discount Broker is providing services to invest in IPOs online through them using UPI?
• 2. What if I do not receive the UPI mandate?
• 3. Can HNIs invest in IPOs through UPI?
• 4. When UPI blocked funds will be refunded, if I do not receive IPO allotment?
• 5. Can I place two IPO applications through UPI?
• 6. What is the maximum IPO bidding amount through UPI?
• 7. Can employee apply in an IPO with UPI?
• 8. Up to what limit can I apply for an IPO in UPI?
• 9. How much is the charges to use UPI payment mechanism for IPO?
• 10. Can I use third party UPI ID or a third party bank account for making payment in IPO?
• 11. Can I withdraw my bid? If yes, how?
• 12. Where can I check the status of an active IPO mandate on my UPI App?

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