
Sahi is a tech-driven, low-cost discount broker that offers trading in equities, futures & options, and IPOs. Applying for an IPO through the Sahi platform is simple and completely online. You can place your IPO bids easily using your UPI ID.
Within the Sahi app, users can explore both upcoming and active IPOs, view key details such as the price band, lot size, opening and closing dates, and even track real-time subscription data — all in one place. It's a seamless way to stay informed and apply for IPOs quickly and efficiently.
Read further to know how to apply IPO with Sahi along with the charges, IPO apply timing, and more.
No charges!
Applying in any IPO using Sahi platform is free. The broker does not charge any brokerage fee or commission on submitting IPO bids.
The IPO bidding usually starts at 10 AM on the issue opening day to 5 PM on the issue closing date.
At Sahi, you can even Pre-apply for IPOs before it opens. For successful IPO applications (retail or HNI/NII), you must accept the UPI mandate before 5 PM on the last day of bidding.
If you do not accept the mandate before the cut-off time, it will expire.
You can cancel your IPO applications under the retail category. HNI IPO applications (Above Rs 2 lakh) cannot be canceled. Steps to cancel/withdraw your IPO bid in the Sahi app:
HNIs can submit IPO applications upto Rs 5 lakh using UPI. Follow these steps to apply for an IPO under HNI via Sahi trading app:
Note: If you want to bid for above Rs 5 lakh under HNI category, you can subscribe IPO through ASBA net banking process.