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.

How can an NRI invest in an IPO?

An NRI can invest in an IPO by opening an NRE or NRO account, an NRI Demat Account, and an NRI Trading Account.

Once these accounts are active and KYC requirements are completed, the investor can apply for IPOs through the repatriation or non-repatriation route, depending on the account type used for the investment.