How to Apply for an IPO in India — 2026 Guide

Online IPO application using UPI, ASBA or your broker app — step by step, in simple language.

Step 1 — Open a Demat & Trading Account

IPO apply karne ke liye SEBI-registered broker ke saath demat account hona chahiye. Popular options: Zerodha, Groww, Upstox, Angel One, ICICI Direct.

👉 Detailed guide: How to open a Demat account for IPO

Step 2 — Find a Good IPO

BharatIPO par live Grey Market Premium (GMP), subscription numbers aur calendar dekho. Mainboard IPOs aur SME IPOs ke beech compare karo.

Step 3 — Apply via UPI (Recommended)

1. Broker app → IPO section → Open IPO select karo.
2. Lot size choose karo (₹14,000–₹15,000 per lot typically).
3. Cut-off price tick karo (max safe option).
4. UPI ID daalo (e.g. yourname@okhdfcbank).
5. Submit → bank app me UPI mandate approve karo.

Step 4 — ASBA via Net Banking

HDFC, ICICI, SBI jaise banks me login → Investments → IPO → bid place karo. Funds block ho jate hain, allotment ke baad debit hote hain.

Step 5 — Allotment & Listing

Allotment date ko BSE/NSE site ya broker app par status check karo. Listing day par shares apke demat me aa jate hain.