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How to apply IPO in HNI Category SBI?

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State Bank of India (SBI) offers online IPO applications for retail and HNI investors through its Net Banking facility. SBI offers 3rd Party IPO applications which means you could apply up to 5 IPO applications from the same bank account in an IPO. The 3rd Party IPO Application is the only way to apply in an IPO online for Minors, HUF, Corporate, etc.

Steps to Apply in HNI Category ICICI Direct

  1. Login to SBI Net Banking Website
  2. Click on the e-services tab in the top navigation bar
  3. Click on Demat & ASBA Services in the left navigation bar
  4. Click on IPO (Equity)
  5. Choose the IPO
  6. Fill in the bidding details i.e. price and shares
  7. Submit the application.

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