How to Apply for an IPO in India Step-by-Step Guide for Beginners

 

New to investing? Want to apply for an IPO (Initial Public Offering) but don’t know how? Don’t worry — here’s a complete, easy guide to apply for any IPO in India using your phone or laptop.

—

✅ Step-by-Step Guide to Apply for an IPO

—

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.

—

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).

—

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).

—

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.

—

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.

—

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.

—

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.

—

⚡ 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.

—

✅ 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!