Basic IPO FAQs

Can someone apply for above 2 lakhs as a retail investor in IPO?

Retail investors who apply for more than Rs 20,00,000 in shares in an IPO are automatically considered High Net Worth Individuals (HNI). HNI bids are classified under the Non-Institutional Category.


In IPO application is third party UPI accepted?


Does IPO application with third party ASBA or UPI gets rejected or accepted?