Does Zerodha offer IPOs?

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Are you a day trader?

Yes, Zerodha provides an online IPO application service using UPI as a payment gateway. Zerodha customers can apply for an IPO online from within Console and pay using any UPI 2.0 enabled app. You need to take the following steps to apply for IPOs online with Zerodha:

  1. Login to Zerodha Console
  2. click on the 'Portfolio' menu and select 'IPO'
  3. Choose the IPO you want to apply for from the list
  4. Enter your UPI ID
  5. Enter bid details like price, quantity, etc. and Click Submit
  6. You will receive a 'Mandate' request on your UPI app, click 'Proceed' and you're done.

 

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