Stoxkart IPO Review (Apply Steps, UPI and Allotment Status)

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:

1. Create UPI ID on BHIM app (One Time)
2. Apply in IPO through Stoxkart trading software using your UPI ID
3. Approve the mandate notification

Note:

• Before applying in an IPO using Stoxkart, you first need to create a UPI ID, if you don't already have one. The UPI ID can be created using BHIM App. It can also be created using the mobile banking app of any bank where you hold your account.
• Approving the UPI payment mandate sent on your BHIM or banking app is a must for the successful placement of the IPO Bid.
• Your IPO investment amount will remain blocked until the IPO allotment is done. The money will be debited if you are allotted IPO shares else the amount will be unblocked.
• The allotted shares (if any) will be credited to your Stoxkart Demat Account. The shares can be traded from the listing day.

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.

Steps to Apply IPO in Stoxkart

1. Login to your trading account on the web, desktop or mobile app.
2. Go to the IPO section.
3. Select the IPO.
4. Enter order details like lots, prices etc.
5. Enter UPI ID.
6. Review & Submit the IPO application
7. Accept the UPI Mandate

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.

Steps to Apply IPO in Stoxkart using ASBA

• Log in to your net-banking account (i.e. ICICI, SBI).
• Go to the IPO section.
• Choose the desired IPO from the list.
• Enter IPO bid detail (price, quantity)
• Enter Stoxkart demat account information.
• Review and submit your order.

Stoxkart IPO Allotment Status

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.

Frequently Asked Questions

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Information on this page was last updated on Thursday, March 23, 2023