Is it possible to Apply IPO using BHIM application?

No, currently it is not possible to apply for an IPO using BHIM UPI app. But you can apply for IPO using following ways-

1. Use your bank’s ASBA facility
2. Use your broker’s platform
3. Apply for an IPO by downloading the form from the IPO Registrar/Lead Manager website. Submit it at the designated centre along with the application cheque.