How to apply for an IPO through UPI?

To apply for an IPO using UPI, follow these steps:

• Login to your stock broker's app or website and select the active IPO you wish to invest in.
• Enter your bid details, such as the number of lots and the price.
• Provide your valid UPI ID as the payment method and submit the application.
• You will receive a mandate request on your UPI app. Open the app and approve the request by entering your UPI PIN.

This process blocks the application amount in your bank account until the allotment is finalized.