Basic IPO FAQs

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

The third-party ASBA IPO request is valid and has been accepted by the registrar. SBI is one of the few banks that allows up to five IPO applications from the same account.

The third-party UPI IPO request is invalid. They are rejected by the registrar. When applying for UPI as a payment option, the primary account holder's PAN should match the demat account.


In IPO application, is third party ASBA allowed?


In IPO application is third party UPI accepted?