#whatisipo

Applying for an IPO (Initial Public Offering) has become very easy in India due to online platforms and UPI-based payments. If you are a beginner investor and wondering how to apply IPO online in India, this detailed guide by Finowings will walk you through the complete process step by step.

Whether you are applying through a stockbroker, trading app, or net banking (ASBA), understanding the correct method can increase your chances of a smooth and successful IPO application.

What is an IPO?

An IPO (Initial Public Offering) is when a company offers its shares to the public for the first time. Investors can apply for these shares during the IPO subscription period at a fixed price band or cut-off price.

IPO investment is popular because it offers:

Opportunity to invest early in growing companies

Potential listing gains

Long-term wealth creation

Who Can Apply for an IPO in India?

Before learning how to apply IPO online in India, make sure you meet these basic requirements:

You must be an Indian resident

You should have a PAN Card

You need a Demat Account

You must have a Trading Account

A bank account linked with UPI or ASBA facility

Requirements to Apply IPO Online

To apply IPO online in India, you need the following:

Demat Account – To receive allotted shares

Trading Account – To place the IPO application

UPI ID or ASBA-enabled bank account

Sufficient balance in your bank account

Active mobile number linked with UPI

How to Apply IPO Online in India – Step-by-Step Process

Step 1: Open a Demat and Trading Account

If you don’t have one, open a Demat and trading account with a registered stockbroker. Most brokers allow 100% online account opening.

Step 2: Login to Your Trading App or Broker Platform

Log in to your broker’s website or mobile app. Go to the IPO section or Current Issues tab.

Step 3: Select the IPO You Want to Apply For

Choose the IPO you are interested in from the list of live IPOs. You can also check details like:

Price band

Lot size

Issue dates

IPO GMP (Grey Market Premium)

Step 4: Enter IPO Application Details

Now fill in the IPO application form:

Select Retail Individual Investor (RII) category

Enter the number of lots

Choose cut-off price (recommended for retail investors)

Step 5: Enter Your UPI ID

Provide your UPI ID correctly. Make sure it is active and linked to your bank account.

Step 6: Submit the IPO Application

After submitting the application, you will receive a UPI mandate request on your UPI app.

Step 7: Approve the UPI Mandate

Approve the mandate within the given time. The amount will be blocked in your bank account but not deducted.

Step 8: Check IPO Application Status

Once approved, your IPO application is successfully completed. You can check the status on:

Broker app

Registrar website

Finowings IPO pages

How to Apply IPO Online Using Net Banking (ASBA Method)

You can also apply IPO online in India using ASBA (Application Supported by Blocked Amount) through your bank:

Log in to your net banking account

Go to the IPO/ASBA section

Select the IPO

Enter Demat details, price, and quantity

Submit the application

The amount will be blocked until allotment.

How to Check IPO Allotment Status?

After the IPO closes:

Visit the registrar’s website

Enter your PAN, application number, or Demat ID

Check allotment status

If allotted, shares will be credited to your Demat account. If not, the blocked amount will be released automatically.

Important Tips Before Applying for an IPO

Always check company fundamentals

Review IPO GMP trends (available on Finowings)

Avoid applying with multiple PANs (not allowed)

Use cut-off price to increase allotment chances

Apply early to avoid last-minute UPI issues

Common Mistakes to Avoid While Applying IPO Online

Entering wrong UPI ID

Not approving UPI mandate on time

Insufficient bank balance

Applying without Demat account

Ignoring IPO risks

Is Applying IPO Online Safe?

Yes, applying IPO online in India is safe and regulated by SEBI. Payments are blocked through UPI or ASBA, and shares are credited directly to your Demat account if allotted.

Why Use Finowings for IPO Guidance?

At Finowings, we help investors with:

Live IPO GMP updates

IPO analysis and reviews

Step-by-step IPO guides

Beginner-friendly stock market education

Our goal is to make IPO investing simple, transparent, and accessible for everyone.

Conclusion

This article will help you to understand what are IPOs and it basics. Read it for more details!

In India, we have seen multiple IPOs that have cumulatively raised thousands of crores for various companies in the past few years.

So what exactly is an IPO?

An IPO or ‘Initial Public Offering’ is the first time an entity issues stocks or shares to the public. That is, anyone can buy a stock, and in turn a part of a company. Till the IPO, a company is owned privately. Upon the closure of an IPO, a company’s stock is owned by various individuals who have invested into the same. This transition (for a lack of better term) for a company – from being owned privately by a few individuals to one is a publicly traded company is commonly called ‘going public’ and this term is used to describe the whole IPO process of various companies that go through it.

There is a lot more to IPOs such as how exactly are the shares allocated, why does a company go public, and how can you as an investor benefit from investing in a company’s IPO. Edelweiss’ ‘Investology’ section has a great article that describes each of these in great detail. Learn more about what is IPO in detail.