Can I bid for IPO from funds available on Zerodha Kite?

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No, you cannot use the funds in Zerodha Trading Account to apply in an IPO. Zerodha uses UPI as a payment option for online IPO applications. The UPI is a unique ID for your bank account. When applying in an IPO with UPI ID, the funds are locked in your bank account.

 

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Topic: Zerodha Broker IPO Review

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Find more questions on this topic

  1. Does Zerodha offer IPOs?
  2. Does Zerodha have IPO?
  3. Does Zerodha allow IPO?
  4. How to apply in IPO through Zerodha?
  5. What are Zerodha IPO charges?
  6. How to check the status of IPO through Zerodha?
  7. How to apply in Zerodha IPO without UPI?
  8. What is Zerodha IPO Cutoff Price?
  9. What if the Zerodha IPO Mandate is not working?
  10. How to buy an IPO via Zerodha?
  11. Is IPO Investment can be possible with Zerodha?
  12. How to apply in an IPO in the HNI category with Zerodha?
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