FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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asked
Retail investors cannot apply in an IPO using UPI under the HNI category. The transaction limit under UPI for IPO is a maximum of Rs 2 lakh per transaction. An investor has to use the ASBA IPO application to apply in the HNI category.
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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You can place an bid upto 5 lakh using UPI.
I have applied several IPOs in SHNI category using IPO and also got few allotments.