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✅ Step-by-Step Guide to Apply for an IPO
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1️⃣ Open a Demat and Trading Account
👉 You must have a Demat account to buy or sell shares in India.
👉 Popular options: Zerodha, Upstox, Groww, Angel One — easy & online.
👉 It takes just a few minutes to open an account using PAN, Aadhaar & bank details.
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2️⃣ Check Upcoming IPOs
👉 Visit websites like NSE, BSE, SEBI, or financial news sites (Moneycontrol, Economic Times).
👉 Note the IPO open & close dates, price band, lot size, and GMP (Grey Market Premium).
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3️⃣ Log in to Your Broker’s App or Netbanking
👉 Open your broker’s app (example: Zerodha Kite, Upstox, Groww).
👉 Or, you can also apply using your bank’s ASBA option (ICICI, SBI, HDFC Netbanking).
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4️⃣ Select the IPO You Want to Apply For
👉 Go to ‘IPO’ section in the app or website.
👉 Click on the IPO you want to invest in.
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5️⃣ Enter Bid Details
👉 Enter the number of lots you want to buy (1 lot = fixed number of shares).
👉 Choose your bid price:
You can bid at cut-off price for better chance of allotment.
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6️⃣ Block Funds via UPI
👉 Enter your UPI ID (same as Google Pay or PhonePe ID).
👉 You’ll get a payment request on your UPI app — approve it to block funds.
👉 Money stays in your account until allotment.
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7️⃣ Wait for Allotment Result
👉 IPO closes in 3–5 days.
👉 Registrar finalizes allotment.
👉 If you get shares → money is debited & shares appear in Demat.
👉 If not → blocked amount is released automatically.
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⚡ Important Tips for IPO Application
✔ Apply early — don’t wait till last day.
✔ Always use the cut-off price option for better chance.
✔ Check your bank balance for sufficient funds.
✔ Use a trusted broker or bank only.
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✅ Conclusion
That’s it! Now you know how to apply for an IPO easily from your mobile or laptop. Keep checking RideIntel for the latest IPO updates, reviews & tips to invest smartly.
👉 Got questions? Drop them in the comments & share this guide with friends!
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