Anyone above 18 years age with a demat and trading account can participate in FPO. Applying for FPO is the same as that of IPO investment.
Here’s how to invest in FPO;
- Log in to your trading account.
- Search for the IPO or FPO option.
- Tap apply option in your choice of FPO.
- Enter lot details and price or select cut off price.
- Provide a virtual UPI ID and submit the order.
- Approve the UPI mandate.
- You have successfully applied for the FPO.