How to Buy IPO in Zerodha Mobile App

How to Buy IPO on Zerodha Mobile App

In the fast-paced world of finance, investing in an IPO (Initial Public Offering) has become an important part of many people's investment strategies. And now, with the advancement of technology, buying an IPO is simpler and more convenient than ever. One of the modern ways to participate in the IPO market is through the mobile application of Zerodha - one of the leading cutting edge brokers in India.

We will walk you through the specific steps to buy an IPO on the Zerodha mobile app. The article starts with how to log into your account on the app, then navigate to the "IPO" section to find a list of ongoing IPOs. We'll walk you through how to choose a specific IPO and apply to participate. You will know how to enter the necessary information such as the UPI ID, the number of shares, and the bid price. You will then be directed to check and confirm your application before submitting.

We'll also look at other benefits of using the Zerodha app, including market tracking, technical analysis, and other trading services like day trading and derivatives trading.

Step 1: Login and Access the IPO Orders Interface

• Once you have downloaded and installed the Zerodha mobile app, log in to your account.

Step 2: Select IPO

• In the main interface of the application, navigate to the "IPO" section. This is where you'll find a list of ongoing IPOs.

Step 3: Select and Apply

• Select the specific IPO you want to apply for from the list and click "Apply". You will be directed to the details page of this IPO.

Step 4: Enter information

• In the IPO details page, you will need to enter the necessary information. First, enter your UPI ID, which is the payment method you will use for the transaction.

Step 5: Quantity and Bid

• Next, you will need to enter the number of shares you want to buy in the IPO and the bid you recommend.

Step 6: Confirm and Submit

• After you have entered all the information, review your application. Make sure that all information is correct and that you have confirmed everything. After you have checked and made sure all the information is correct, press "Submit" to place your IPO application.

Step 7: Confirm on the UPI . app

• Your IPO application will be submitted and you will receive a confirmation on the UPI application you linked. Confirm the transaction on your UPI app to complete the IPO purchase.

In addition to buying an IPO through the Zerodha app, you can also take advantage of other features of the platform, including market tracking, technical analysis, and many other trading services such as trading stocks in day trading, derivatives trading and mutual funds.

Summary

With the Zerodha mobile app, buying an IPO is simpler and more convenient than ever. You can participate in investment opportunities from anywhere and stay up to date with stock allocation status via the app. From creating an application to confirming a transaction, it can all be done easily and quickly on the Zerodha mobile app.