Basic IPO FAQs

In IPO application is third party UPI accepted?

The 3rd Party UPI IPO application is invalid. If you are applying for an IPO using UPI to pay, both your demat and bank accounts should be owned by the same person.

You can apply for an IPO using a third-party account using the ASBA facility provided by the bank. Only a handful of banks, such as SBI, offer third-party IPO applications.


In IPO application, is third party ASBA allowed?


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