Basic IPO FAQs

Is there any certain eligibility for a retail investor apply under NII category?

The retail investor and the NII are separated by the application amount. Any applicant, except QIBs, who applies for more than Rs. 2,00,000 fall under NII category. Retail investors are applicants with less than Rs 2 Lakhs.


In IPO application is third party UPI accepted?


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