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How to apply in IPO in Groww without UPI?

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.

In case you do not have a UPI ID, you can apply in IPO using the ASBA Net banking facility and providing Groww Demat account no.

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 Groww Demat account no.
  5. Confirm and apply.


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