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How to apply in an IPO in the HNI category with Zerodha?

Zerodha Account Opening

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 online with Zerodha and start trading today.

Zerodha offers UPI based IPO application that has a limit of a maximum of Rs 2 lakh per transaction. It means you cannot apply in the HNI category using the Zerodha IPO application. You have to use ASBA offered by the banks to apply in the HNI category.

 

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