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1. Vishavdeep   I Like It. |Report Abuse|  Link|Apr 9, 2019 5:21:39 PMReply
Today applied for polycab via asba.
Couldn't see any option via upi.i use kotak bank.
Is there any IPO form from zerodha.
In fact any where I can get IPO via upi forms.
Can't find anywhere.
1.1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|Apr 9, 2019 9:39:53 PM
Dear Mr Vishavdeep,

We have checked with multiple banks including ICICI, HDFC, Kotak, and SBI. None of them are offering UPI method to retail investors for applying in IPO's.

This is despite the 1st deadline of 31st March has already gone and we just have 2 months for an extended deadline for mandatory UPI only applications.

This is surprising to see how SEBI could set the deadline without even knowing if the infrastructure is ready. At this point, none of the major brokers are even talking about any tentative timeline to launch the UPI payment method.