How can I apply in IPO with ProStocks using net banking?

ProStocks users can buy an IPO without UPI using their net banking account credentials. It is an indirect way wherein a customer purchases an IPO through his bank’s net banking portal.

Steps to purchase IPO in ProStocks without UPI via ASBA net banking;

1. Log in to your net banking account.
2. Go to the “IPO” option.
3. Tap on the IPO, you wish to apply for.
4. Click on apply IPO option, and enter details like price, lot size or quantity, etc.
5. Provide your ProStocks Demat account number so that allotted shares can be credited to the Demat account.
6. Submit the IPO apply order and it will block the application money into your bank account till the date of allotment finalization.