Can I invest in IPO on IIFL mobile app?

Yes, if you have opened IIFL Demat account then you can invest in IPO online with IIFL mobile application – IIFL Markets app. However, it must be noted that only retail investors are allowed to invest in IPO through the UPI-enabled process while if you’re an HNI client and looking to bid in IPO for more than Rs. 200,000 then you can’t choose the UPI payment gateway process and can apply through ASBA/net banking process only.