How to apply IPO in Indira Securities?

Indira Securities customers can apply for IPOs online in 2 ways; using Indira Securities IPO application (UPI based) and through ASBA using the net-banking facility.

Steps to apply IPO in Indira Securities using UPI

1. Visit the Indira Securities website.
2. Go to the 'IPO' section.
3. Enter your client ID or log in as a guest.
4. Select the desired IPO from the list
5. Enter your UPI ID
6. Enter bid details like price, quantity, etc.
7. Click Submit
8. Approve the Payment request on your UPI app.

Indira Securities customers can also apply in an IPO online through the ASBA net banking facility of their banks and get the stocks credited in their demat account.

Steps to apply IPO using Indira Securities Demat and Net-banking

1. Log in to your bank's net-banking account.
2. Go to the IPO section.
3. Select the desired IPO.
4. Enter IPO bid details.
5. Enter your Indira Securities demat account details.
6. Review and Submit.

In the ASBA net banking IPO application, the investment amount is locked in your bank account until the shares are allotted. You cannot withdraw the money. The money is debited if you get allotment else it is released. The IPO shares if allotted will be credited to your Indira Securities demat account.