Alice Blue facilitates online IPO investment through the UPI process. The process is simple, easy, and instant that requires users to have a UPI ID linked with a personal bank account.
Steps to invest in Alice Blue IPO online with UPI:
- Login into the Alice Blue IPO console.
- Select the "IPO" you want to invest in.
- Enter the UPI ID and other details like bid price, lot size, etc.
- Accept the mandate request on the BHIM UPI App to allow funds blockage.
- On allotment, if shares are allotted then funds will be debited and shares will be credited to your Alice Blue Demat account otherwise, in case of rejection, funds will be released to your bank account
