Stoxkart offers online IPO application services to all its customers. Stoxkart customers can apply in IPO using UPI (Unified Payment Interface) through the Stoxkart.com website.
Stoxkart offers free IPO applications through UPI. To know more, read UPI for IPO Application (Unified Payments Interface for IPO).
Following are 3 high-level steps for applying in an IPO through Stoxkart:
Note:
Stoxkart customers also have the option to use the ASBA net banking facility of their banks to apply in any IPO and get the allotted shares credited in their Stoxkart demat account.
Note: You will receive the UPI mandate after a few hours on your UPI app (BHIM or net banking App). You need to approve the payment mandate to complete the IPO application process.
For IPO's applied through Stoxkart, the IPO allotment status can be checked from the website of the registrar of the IPO. Visit the IPO registers website and look for a section called 'IPO Allotment'. Enter your PAN Number and DOB to get the allotment status.
You can also check the IPO allotment status on our website here.
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Yes, Stoxkart offers online IPO application services to its customers. You can apply in an IPO online through UPI as a payment gateway using the Stoxkart IPO application website.
If you have an account with Stoxkart, you could also apply for IPO using your net-banking account (ASBA) with your bank. The allocated shares are credited in your Stoxkart demat account.
To apply in an IPO with Stoxkart IPO Application, you would need a UPI account in the BHIM app or your net-banking app. Creating a UPI account is a one-time process and doesn't need to be repeated for every IPO application.
Steps to apply in IPO in Stoxkart
Note:
Stoxkart doesn't charge any fee for its IPO application services. Also, as Stoxkart offers zero brokerage equity delivery trades, the company doesn't charge any commission when you sell allocated IPO shares through Stoxkart.
Note: When selling IPO shares, you will have to pay demat debit transaction charges and taxes as applicable. Stoxkart charges Rs 15 per demat debit transaction charge.
Stoxkart doesn't provide IPO application status on its website. To check the status of your IPO application, you need to visit the website of the registrar of the IPO (i.e. Big Share, Karvy, Link Intime etc).
You can also check the IPO application status here on our website. We provide the IPO status as soon as it is available on the registrar's website.
If for some reason you cannot apply in an IPO with UPI then you can use the ASBA net-banking facility to apply in an IPO online. All popular banks like SBI, HDFC, Axis and Kotak Bank etc offer this facility. To know the ASBA process of these banks, click on the link provided below:
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Information on this page was last updated on Tuesday, July 14, 2020
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