How to apply for an IPO using UPI?

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

• Login to your stock broker's app or website and select the desired IPO from the list of active issues.
• Enter your bid details, including the number of lots and the price, then provide your valid UPI ID.
• You will receive a mandate request on your UPI application. Review the details and approve the request by entering your UPI PIN.
• The application amount will be blocked in your bank account. If shares are allotted, the amount is debited; otherwise, the block is released.