How to apply IPO in Stoxkart?

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

Steps to apply IPO in Stoxkart using UPI

  1. Login to your Stoxkart account on the website/app/desktop software
  2. Go to the 'IPO' section.
  3. Select the desired IPO from the list
  4. Enter your UPI ID
  5. Enter bid details like price, quantity, etc.
  6. Click Submit
  7. Approve the Payment request on your UPI app.

Stoxkart 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 Stoxkart 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 Stoxkart demat account details.
  6. Review and Submit.

In the ASBA net banking process, the investment amount is locked in your 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 Stoxkart demat account.


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