Can Upstox customers apply in IPO online?

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Yes, Upstox customers could apply in an IPO online using UPI or ASBA.

Upstox themselves offer a UPI based online IPO application. This is suitable for people who would like to apply for an IPO using UPI.

Upstox customers can also apply to an IPO using the ASBA IPO application offered by almost all banks. This application is part of net banking. Customers can provide an Upstox demat account number while filling this application. The allocated shares are directly deposited in your upstox demat account.


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