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1. Team Chittorgarh.com   I Like It. |Report Abuse|  Link|Jul 3, 2019 11:17:33 AMReply
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.
1.1. Pradeep   I Like It. |Report Abuse|  Link|Jul 18, 2019 4:28:59 PM
Plz conform us...can we apply in ipo through netbanking.