Poll: Best app for IPO via UPI
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IPO application via upi/bank query

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Hi I have few questions -
1. how many ipo applications can be made using one bank account ? //ASBA
I searched hdfc/icici/axis allows only 1 application per account/on account holder name but some where it was mentioned SBI allows 5 application on different PANs/Demat.

2. If appling via Zerodha / Groww via upi then upi account holder name should be same as ipo application name?

3. How many applications canbe filled via one UPI id / upi bank account?

4. What are your recent history with upi apps mandate?
mine google pay amount was stuck for 25days for burgerking ipo.
Also please answer poll to know the best app for IPO via UPI

12 Comments  |  
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1.One per PAN
2.Yes
3.One
4.Use Netbanking(amount get unblocked same or next day of allotment)

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Is upi compulsory for ipo? Is asba mode available?

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Never ever use upi. Unnecessarily money blocked .best option is net banking and if u want upi then go for phone pe or paytm

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rohan8397 wrote:

Is upi compulsory for ipo? Is asba mode available?

Noo .u apply through net banking

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suplex_city wrote:

Never ever use upi. Unnecessarily money blocked .best option is net banking and if u want upi then go for phone pe or paytm

I have account in Zerodha (KITE) there is only option to use UPI, then how can we use Net Banking ??

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kool wrote:

I have account in Zerodha (KITE) there is only option to use UPI, then how can we use Net Banking ??

Check in YouTube how to apply ipo through net banking

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suplex_city wrote:

Never ever use upi. Unnecessarily money blocked .best option is net banking and if u want upi then go for phone pe or paytm

Till now I used phonepe UPI in last 5 IPO, and I didn’t get any. pensive is chances of getting allotment using ASBA more than UPI ? rolleyes

Has anyone got IPO using UPI?

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kool wrote:

Till now I used phonepe UPI in last 5 IPO, and I didn’t get any. pensive is chances of getting allotment using ASBA more than UPI ? rolleyes

Has anyone got IPO using UPI?

No bro .it is pure luck based .

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kool wrote:

why this guy is saying ASBA gets IPO

Content for video nothing else! There is no such thing

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kool wrote:

Till now I used phonepe UPI in last 5 IPO, and I didn’t get any. pensive is chances of getting allotment using ASBA more than UPI ? rolleyes

Has anyone got IPO using UPI?

I read a theory that when we use asba bank deducts money and put on hold till allocation if allocated they directly deduct money.
But in upi mandate some people have faced problems, after allotment the money didn’t get deducted so they don’t transfer the shares.
If you face bank issue you can complain to bankers but if you face upi issue complain in app they will say upi network down we can’t help.

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