Groww is the best known broker for hassle-free investing experience. The broker allows customers to invest in IPO digitally and completely paperless manner using UPI ID through the Groww app.
Steps to apply in IPO on Groww app using UPI
- Log in to the Groww app.
- Under the stocks tab, click on “IPO”.
- The page will display all the latest IPOs. Click on the “Apply” option respective to the IPO you want to apply for.
- Enter the bid amount in the IPO apply window and tap on “Continue” to proceed.
- Enter UPI ID and accept the terms & conditions.
- Click on the “Submit Bid” button.
- Within a few hours, you will receive a payment mandate on your UPI app. Approve the payment and that’s done.
