HNIs can submit IPO applications upto Rs 5 lakh using UPI. Follow these steps to apply for an IPO under HNI via Sahi trading app:
- Log in to Sahi app.
- Go to IPO option.
- Select any IPO of your choice.
- Click on Apply.
- Select HNI category and enter bid lot and price.
- Enter UPI ID linked to your bank account.
- Submit your application.
- Accept the UPI mandate before 5 PM on the last day.
Note: If you want to bid for above Rs 5 lakh under HNI category, you can subscribe IPO through ASBA net banking process.