Earlier, SAMCO did not provide an online IPO application but now, it has come up with online investments in IPO using the SAMCO portal in less than a minute. All you need to have is a UPI ID and UPI 2.0 enabled apps on your mobile.
Steps to apply for IPO in SAMCO:
- Go to the SAMCO Star page.
- Select the “Corporate Action” on the Menu page and click on IPO
- Here, you will find the available IPOs. Select the IPO you want to apply, enter all the details regarding target price, bid quantity, etc.
- Click on apply.
- On the next page, you can change the bid quantity and cut off price.
- Enter your UPI ID; tick the checkbox to accept the declaration and click on submit.
- You will receive a notification in your UPI App.
- Click on the notification, submit your details, and pin to complete the payment.
- Click on the notification and you will see a pending mandate request. Click on proceed and accept the mandate.
- Your payment is done and you have bid on the IPO.
Next, you can check the status of your application on the order status page of SAMCO.
