Likewise Zerodha, Upstox also offers an online IPO application facility through which you can subscribe to LIC IPO.
Steps to purchase LIC IPO with Upstox
- Login with your Upstox login credentials on either Upstox Pro Web or Upstox Pro mobile app.
- Click on the “Apply IPO” option.
- Select LIC IPO and place bid price, number of lots that you want to buy, cut off-price, and enter UPI ID.
- Review and confirm your IPO order.
- Check and accept the UPI mandate request on BHIM App to successfully apply in LIC IPO.
- Till allotment, this money will be blocked and as per LIC IPO allotment status, the money will get debited from your account, if shares are allotted, however, in case of rejection, blocked money will get released.
