Knowledgebase

UPI ID (also called Virtual Payment Address or VPA) is a unique ID. The investor needs to create a unique payment ID by adding his/her bank account details....

Investors need to fill in the bid details along with his UPI id linked to his/her own bank account The limit for IPO application is 2 Lakhs per transact...

Investors  can place up to 3 bids in an IPO application. For instance, the price range of an IPO is Rs. 100 to Rs. 120. investor can  place the following bi...

No, applications made by retail investors using third party UPI ID or by any category of investors using a third-party bank account are liable for rejection.

Yes, after placing the order, you will receive an SMS confirming your bid and requesting you to accept the mandate on the UPI app. Please visit your UPI app...

In case you have not accepted the mandate on your UPI app, your IPO application is liable for rejection

In case of modification, you need to accept the revised mandate as received on your UPI app.

The money will be blocked until the finalisation of allotment, post which the amount equivalent to allotted shares would be debited and balance amount (in c...

After the closing of an IPO, the finalisation of allotment happens by the third working day also, called the basis of allotment date. On the fourth working ...

In case shares are not allotted/ partially allotted, the amount blocked shall be unblocked. The amount is deducted only when the shares get allotted. Only t...