UPI Application in IPO FAQs

What is the limit of UPI IPO application?

Rs 2 lakh is the limit for IPO applications that use UPI. You will need to submit an ASBA IPO application if you wish to apply for a larger amount (HNI) Brokers such as Zerodha and Angel, Upstox and Paytm only offer UPI-based IPO applications.

Can retail investors use UPI in IPO application for HNI category?