5paisa provides trading across equity, futures & options, commodity, currency, IPO, MF, and others. The online discount broker offers online IPO application facilities through two routes - one is ASBA channel and another is via UPI route. Here, on this page, we’re providing you complete details about 5paisa IPO investment including how to apply for IPO with 5paisa via UPI and ASBA, 5paisa IPO investment charges, demo, and others.
IPO Investment with 5paisa
- Initial Public Offering is a process to sell stocks for the first time by private companies to the public. 5paisa provides all IPOs information including bidding details, IPO open and close date, IPO application status, etc. IPO investment with 5paisa is possible through two different routes – one is the ASBA process and another is the UPI process.
Current and Upcoming IPO's investment with 5paisa
Online IPO Investment with 5paisa via ASBA
One can subscribe to IPO using ASBA (Application Supported by Blocked Amount) channel. If you have a 5paisa Demat Account then, you can use the net-banking process to apply in IPO. To do this, follow these steps;
- Login into your net banking account.
- In the menu option, click on the investment offerings and select “IPO”
- Choose the IPO, you want to invest in.
- Enter details i.e. bid price, lot size, Demat account number, etc.
- Submit the IPO subscription request and assure you to keep the required balance in your bank account.
Detail Article on ASBA Process for IPO Investment >> Read
What type of account I need to invest in IPO?
To invest in IPO, you need to have:
- Bank account with Self-Certified Syndicate Bank.
- DP account with 5paisa.
- Trading Account to trade in holding of shares.
Where can I find the Self-Certified Syndicate Bank branches list?
List of Self-Certified Syndicate Banks under the ASBA facility are available on SEBI, NSE and BSE Sites.
SEBI List of SCSB >> List of Self Certified Syndicate Banks
NSE SCSB >> List of Self Certified Syndicate Bank
BSE SCSB >> List of Self Certified Syndicate Bank
Where can I find my 5paisa DP Account Number?
You can find 5paisa Depository Account Number from welcome letter sent to you, back office software, your monthly demat holding statement or calling 5paisa Customer care number.
Online IPO Investment with 5paisa via UPI
IPO investment via UPI app is a very simple and convenient way wherein you can use the UPI payment app to subscribe to IPO. If you’re already a BHIM UPI app user then you can apply in IPO directly, however, if you haven’t yet installed UPI app, then at the first step, the process requires generating BHIM UPI ID by downloading the app from the Google Play Store on android whereas iOS users can install the app from the App Store.
Steps to apply in IPO using UPI
- Log-in to your 5paisa Trading Account either on Trade Station online platform or mobile trading app.
- Go to IPO offerings.
- Select the IPO that you want to subscribe to and click on “Apply”.
- A new IPO window will be open that presents complete details about the IPO such as start date, end date, lot size, and others.
- Enter your BHIM UPI ID and bid details such as lot size, bid price, etc. and confirm details.
- Accept the authorization request that you’ll receive on your UPI app. The acceptance will freeze the application money in your account until the allotment.
- On allotment date, if you’re allotted with IPO shares either fully or partially then the required money will get debited from your account and extra amount to the extent of shares you’ve applied but not allotted will be unfrozen.
5paisa Acceptable UPI Apps
- One requires BHIM UPI App to subscribe IPO online with 5paisa. BHIM Axis Pay, BHIM SBIPay, Citi Mobile, Google Pay, HSBC Simply Pay, iMobile by ICICI, and Phone-pe are the allowed UPI app to apply in IPO.
5paisa IPO Investment Demo
- You can use 5paisa mobile app to invest in IPO through the UPI process. On the 5paisa YouTube channel, you can check the demo about the IPO application process on a mobile app using UPI.
- Apply in IPO on 5paisa mobile app
5paisa IPO Investment brokerage
5paisa offers free IPO subscription means one can invest in IPO with 5paisa at zero brokerage fee.
