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5paisa IPO Review

45.98% 147,499 Clients

5paisa.com offer online IPO application for free to all its customer. 5paisa customers can use 5paisa.com website or 5paisa mobile trading app to apply in IPO's at BSE and NSE.

Steps for IPO in 5paisa


Login to your 5paisa trading account through Web/App

Login to your 5paisa trading account through Web/App


Go to IPO section

Go to IPO section


Select the IPO you wish to apply

Select the IPO you wish to apply


Enter your BHIM UPI ID

Enter your BHIM UPI ID (Download BHIM UPI app and generate your UPI Id)


Submit the IPO bid

Submit the IPO bid

Note: You will need to approve the UPI request sent by the bank using your BHIM app to ensure successful placement of the IPO Bid.

About 5Paisa

5paisa Capital Ltd is a subsidiary of IIFL Holding (India Infoline Group). 5paisa offering low-cost online financial services to retail customers in India.

5paisa is a discount broker, an online stock broker offering cheap brokerage plans to retail and institutional customers in India.

5paisa change flat ₹20 per trade irrespective to the trading segment or size of the trade. This is extremely cheaper in comparison to traditional full-service stock broker who charge brokerage in percentage of the trade value.

5paisa Special Offer

5paisa.com Limited Time Offer - Free Account Opening (₹650 waived)

Open 5Paisa Trading Account and get Free Trading, Demat and Mutual Fund Account + FREE 1st year Demat AMC + Trade at flat ₹20 per order.

Get this limited time offer

Frequently Asked Questions

  1. 1. How to buy IPO in 5paisa?

    It's easy and convenient to apply for IPO with 5paisa. You can use UPI as the payment option while subscribing to an IPO. Following are the simple steps to apply in IPO with 5paisa:

    1. Go to 5paisa.com website or log in to 5paisa mobile app
    2. Visit IPO section
    3. Choose the IPO to apply
    4. Enter your UPI ID*
    5. Submit the bid

    * If you do not have UPI ID, download BHIM UPI app and generate your UPI Id.

    Discuss this question

  2. 2. Does 5paisa offer IPOs?

    Yes, 5paisa offers an online IPO application using the UPI mechanism. 5paisa customers can apply in an IPO on its website or mobile trading app. The process of online IPO application is simple with just one online order form to be filled and then approving the UPI mandate. The customer can also modify or delete their IPO bids at any point of time when IPO is open for bidding.

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  3. 3. How to apply in IPO through 5paisa?

    5paisa offers online IPO on its website and mobile trading app using UPI as a payment gateway. The online IPO application facility is available free of charge. Following are steps to apply in an IPO with 5paisa:

    • Login to 5paisa website or mobile trading app
    • Go to IPO section
    • Select the IPO you wish to invest
    • Enter IPO details like price, quantity and your UPI ID
    • Check details and Confirm
    • Approve the UPI notification received on your phone (in BHIM App or your net banking app)

    Note: The UPI Mandate may up to 12 hours to show up in your UPI App (Net banking or BHIM app). The IPO application is submitted to the exchanges only after UPI mandate is approved by the customer.

    Discuss this question

Contact 5paisa / Request Call Back

FREE Account Opening (₹650 waived) + Pay-as-you-go Demat AMC + FREE Mutual Fund Account + Trade at flat ₹20 per order. Get the offer

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Information on this page was last updated on Monday, February 10, 2020


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