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Angel Broking offers online IPO applications to its customers. Angel customers can apply in IPOs in two ways using:
For applying in an IPO through Angel Broking, a UPI ID is required. A UPI id is a unique ID representing your bank account. You can create the UPI ID from the net-banking mobile app of your bank or using the BHIM app for free.
Steps for Angel Broking IPO Application (UPI-based)
An investor can also apply for an IPO using the online IPO facility offered by your bank using net banking. This facility is offered by all major banks including ICICI, HDFC, SBI, Kotak, etc.
Steps to apply in IPO using ASBA Net Banking
Note: The allocated IPO shares are delivered to Angel Broking demat account or any other account mentioned while in the application. You can check IPO allotment status here.
Topic: Angel Broking Broker Review
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