How to apply in IPO in GCL Securities without UPI?

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In case you do not have a UPI ID, you can apply in IPO using the ASBA Net banking facility and providing GCL Securities Demat account details.

Generic Steps to Apply in an IPO using the Net banking ASBA facility (without UPI):

  1. Log in to your Net banking account.
  2. Go to the IPO section of the website.
  3. Select the IPO you would like to apply for from the list of active IPOs.
  4. Select your account and enter your details on the application page and provide your GCL Securities Demat account no.
  5. Confirm and apply.

Almost all the popular banks like SBI, ICICI, HDFC, Axis, and Kotak Bank offer online ASBA IPO applications. To know the detailed ASBA process of each of these banks, click on the link provided below:

Alternatively, you can also apply offline using the ASBA facility by submitting the duly filled up physical IPO application form to the nearest GCL Securities branch or the Self-Certified Syndicate Banks (SCSB) for further processing.


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