Yes, Espresso allows customers to apply for IPO online using UPI through the Espresso web platform. The process hardly takes 5 minutes to bid for an IPO.
Steps to apply IPO using UPI through Espresso Website;
- Log in to the Espresso website.
- On the top menu, click on the "E-apply" option
- Under the IPO tab, all the active and upcoming IPOs will be available.
- Click on the "Apply" option respective to the IPO you want to apply for.
- Enter bid quantity, price, and your UPI ID address.
- Accept the UPI mandate sent on the UPI App.
- Your IPO bid has been successfully placed and will reflect under the "IPO Order Reports".