FREE Account Opening + No Clearing Fees
Loading...

How to apply ipo in Motilal Oswal mobile app?

Motilal Oswal Account Opening

FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.

If you wish to apply for an IPO through Motilal Oswal, the procedure is listed below:

  1. Open your Motilal Oswal app, log in with your ID account and password, and click "Sign In"
  2. Click on the tab icon on the top left of the main app page.
  3. Under the "Other Products/Tools" tab, find the "IPO/OFS/Buyback/Bonds/Fd" option and click on it.
  4. You will be redirected to the next page where you will see a list of all upcoming, ongoing and completed IPOs in different tabs.
  5. When you click on an IPO, a new page will open with the most important information about that IPO. There are two options - download and subscribe. You can download the IPO prospectus. Click on 'Subscribe.'"
  6. On the subscription page, enter the number and price. You can either subscribe at the cut-off price or place bids (maximum 3) within the specified price range.
  7. Enter your UPI ID. Retail investors MO can only submit bids for an IPO through the UPI system.
  8. Review your order and click "Confirm". You will now receive a UPI mandate through your UPI app. Authenticate this by adding your UPI pin.
  9. Your UPI order has been successfully placed.
  10. You can change or even cancel the order as long as the IPO is open.

 

Open Instant Account in 15 Minutes Open Instant Account - Start Trading Today

 



Comments

Add a public comment...