Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

What is the minimum and maximum amount a retail investor can apply for?

Retail investors can apply for a minimum of one lot and a maximum application amount of up to ₹2 lakh.

Example: If the lot size is 135 shares and the issue price is ₹100, the minimum application amount is ₹13,500. A retail investor can apply for up to 14 lots, amounting to ₹1,89,000.