Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Can NRI invest in IPO?

Yes, NRIs can invest in IPOs in India, subject to FEMA regulations and the eligibility conditions specified in the offer document.

NRIs, PIOs, and OCI cardholders can apply for both Mainboard and SME IPOs through their NRE or NRO accounts. Investors must have a valid PAN, NRI Demat Account, and the required banking arrangements before applying.