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Angel One IPO Investment| ASBA, UPI Application Process

Angel One IPO Investment

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Angel One is a leading broker with a hybrid model that combines low-cost trading (flat ₹20 per order), AI advisory via ARQ, advanced charts and a unified Super App for trading across equity, derivatives, commodities, currencies, IPOs and mutual funds.

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Angel One Limited, the full-service brokerage offers a full spectrum of products & services including equity, futures & options, commodities, currencies, IPO, and mutual funds. The broker further offers research as well as investment advisory services to assist people to make smart investment decision. Here, in this page, get the complete details about Angel One IPO and Mutual Fund investment including investment process, charges, demo, and others.

Initial Public Offering

When a company needs capital for various purposes then it may approach public for the funds collection. The process requires issuing shares by the company to the public in an exchange for cash, which is known as IPO. One can apply for IPO with Angel One following online as well as offline process.

Online IPO investment with Angel One

ASBA (Applications Supported by Blocked Amount) is a free tool that that facilitates investors to bid for IPO shares without money being deducted from their bank accounts because it is actually debited on the day of allotment while in case of rejection, no money is debited.After SEBI’s mandate in Jan 2016, all application in IPO and FPO (Initial Public Offering and Follow on Public Offering) has to be channel through ASBA (Applications Supported by Blocked Amount) process through Self-Certified Syndicate Bank (SCSB).

Current and Upcoming IPO's investment with Angel One

Apply for IPO with ASBA process

Login to your net banking account
Under the option “Investment offering”, select “IPO”.
Select the IPO; you’re interested to apply for.
Enter details like applicant name, PAN card, demat account number, bid quantity, bid price, etc.
Investor must assure that all the data provided is accurate otherwise, the chances of IPO application rejection rises.
Submit the IPO subscription request subject to the available 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 any broker.
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 Angel One DP Account Number?

You can find Angel One Depository Account Number from welcome letter sent to you , back office software , your monthly demat holding statement or calling Angel One Customer care.

Apply for IPO online with UPI process

UPI (Unified Payment Interface) is a real-time payment app that facilitates inter-bank transactions. Angel One allows customers to subscribe IPO online via UPI process.

Log-in to your account on Angel One Trading Account either on website or mobile app.
Under the menu, click on the IPO option.
A new window will be displayed showing all open IPO details including open and close date, lot size, price, etc., among which, you’ve to select the one, in which, you want to apply.
Enter details such as bid price, quantity, and others and click on “Apply”.
Once the application is placed successfully, you’ll get an IPO request message on your bank account app, accept the request to allow the bank to block your money.
You can check the IPO application status in the order book.

Offline IPO application with Angel One

As Angel One has a strong offline presence with a number of branches across various countries, therefore, the broker facilitates its clientele base to apply for IPO offline. The said process requires customer to personally visit any of the nearest Angel One branches, fill the IPO application form by providing necessary information such as PAN card number, bank account detail, and demat account number, and submit it.

Angel One IPO Application Demo

To check the process to place online IPO application with Angel One, check the available demo.

Angel One IPO demo

Angel One IPO Research

The full-service broker with a team of experts provides IPO research and analysis reports to assist users to select the right IPO for investment. To access IPO research reports, use these steps;

Go to the Angel One website.
Under the “Platforms – Tools & Research”, click on the “IPO views”
A new page will be displayed where you will find expert views on various IPOs.

Angel One IPO Investment Platforms

Angel One Trade:angelOne.com is an integrated web platform by Angel One that meets all investment requirements of users and enables them to apply in IPO online.
Angel One App: It is the mobile application by Angel One that facilitates trading & investment across all investment products including equities, derivatives, commodities, currency, IPO and MF.

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Frequently Asked Questions

1. How to apply in SME IPO from Angel One?−

Small and Medium-sized companies (SMEs) that are going public by initial public offering are called SME IPO. Angel One offers online IPO application services through a UPI payment gateway but as of now, it only provides the mainboard IPOs and does not allow investors to apply for SME IPO via UPI.

However, if you have a trading and demat account with Angel One, you can still apply for SME IPOs through ASBA process wherein you can subscribe to an IPO via your bank.

Steps to apply in SME IPO using Angel One Account;

Login to your bank’s net banking portal.
Search for the IPO, and select one of your choices.
Enter lot size, and category (QIB, HNI, or retail), and provide your Angel One Demat Account details.
Submit the IPO application order, and once done, the bid amount will be blocked into your bank account.
Wait till allotment, if you got the shares, the amount will be debited or vice-versa.

2. Can I apply IPO online in Angel One?+

Yes, Angel One, India’s one of the most popular full-service discount stockbrokers allows users to apply for IPO online using the UPI mechanism. Investing in IPO through Angel One platforms (web or app) is free at Rs 0 charges.

3. How to purchase IPO in Angel One App?+

Angel One Demat account holders can buy IPO online via UPI ID using the mobile app or website. The IPO application process is extremely simple, quick, and hassle-free.

Steps to apply for IPO using UPI through Angel One App;

Login to the Angel One mobile app.
Search for the “IPO” tab.
Tap on the “Apply” option respective to the IPO of your choice.
Enter number of lots, and price (cut-off) to apply as a retail applicant.
Enter your UPI ID and place the order.
Now, accept the UPI mandate on the UPI app.
That’s it, the IPO application order is successfully placed.

4. How to cancel IPO application in Angel One?+

You can bid or cancel an IPO purchase order online on the Angel One web or mobile app platform. An IPO application can only be canceled before the IPO closure date.

Log in to the Angel One app.
Go to the “IPO” menu option.
Click on the “order book”.
Tap on the IPO company name, you want to cancel the bid for.
Now, click on the “Cancel” option and confirm the order.
The screen will display a message as “Your IPO cancel order has been submitted successfully”.
In the order book, the “Cancelled” status will be displayed.

5. How do I check my IPO application status in Angel One app?+

If you have subscribed to an IPO through Angel One stock broker then you can check the IPO order status in the “Order Book” option. If you have placed an IPO order but did not approve the mandate yet, the status will be “Ordered,” while after UPI mandate approval, the status will be “Applied”.

If you get the IPO shares allotment, then the status will show as “Allotted” otherwise “No Allotment” status will appear.

6. How do I sell IPO shares in Angel One?+

If you are allotted IPO shares then the shares will be transferred or credited to the Angel One Demat account that can be sold on the exchange on or after the share listing date. You can place a sell order (either market or limit order) to sell IPO shares from the Demat account.

Step to place IPO sell order in Angel one

Log in to your Angel One account on app or the web.
Check your portfolio holdings.
Tap on the three lines icon respective to the IPO shares and click on the “Sell” option.
Enter the number of shares (Quantity) and select the order option “market” or “limit”
In case of a limit order, enter the price at which you want to sell IPO shares.
Click on the “Sell” button to place the IPO sell order on the exchange.
Once the order is matched, it will be executed and the amount will be credited to your trading account.

7. Can I purchase IPO in Angel One without UPI?+

Yes, non-UPI users can invest in IPO through their bank’s official net banking portal using Angel One Demat account number. The ASBA or net banking process allows customers to place an IPO purchase order through their bank account even without having a UPI ID.

8. Is Angel One demat account mandatory to invest in IPO?+

Yes, it doesn’t matter whether you are subscribing to an IPO using UPI or through ASBA net banking, you must have an active Angel One Demat account because allotted IPO shares will be credited to the Demat account only.

9. Does Angel One allow pre-IPO apply?+

Investing in an IPO before its actual subscription opening date is called Pre-IPO apply. If you are having a trading account in Angel One, then you can even place a pre-IPO apply order using UPI before the date of IPO actually goes public. Once the IPO opens, the order will be sent to the exchange and you will receive a UPI mandate request for authorization.