Feedback Message Board

UPI mechanism shall be mandatory for retail investors for IPOs (Mainboard and SME) starting from July 01, 2019 onwards (Phase II).

Here are few key highlights:

1. Investors having 3-in-1 type account can continue with existing process. This includes customers applying from ICICI, HDFC, Axis, Kotak etc.

2. Bank ASBA can be an option for investor not having smart phone/UPI id

3. UPI Mechanism shall be applicable for Retail & Shareholder Category Investors for bid value amounting to Rs 2 Lacs and below only.

Sir
Plz conform us...can we apply in ipo through netbanking.