How to apply IPO without ASBA?

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Investors can apply using UPI ID (here we can link the chapter of UPI IPO application) if investors do not want to apply using the ASBA route. UPI IPO application is also based on the fund blocking mechanism. UPI payment mode includes an additional mandate approval step for the successful submission of the application. To apply through UPI, investors will need a UPI ID.

Applying for an IPO through UPI can also be done through the broker's trading platform, if the investor's broker offers the UPI IPO facility.

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Topic: ASBA IPO Feedback

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