Yes, applying for an IPO through Angel One is completely free of charge. You do not have to pay any fees or commissions to apply. The only amount you need to pay is the amount for the shares you apply for, which will be blocked in your bank account during the application process. If you get allotment, the money will be debited; if not, the blocked amount will be released back to your account.

Are IPO Applications Free of Charge on Angel One?

Yes, IPO applications on Angel One do not have any extra charges. You only pay for the shares you apply for, and Angel One does not charge any brokerage or fees on IPO applications. This makes it easy and affordable to invest in new IPOs through their platform.

How to Apply for an IPO on Angel One?

To apply for an IPO, first log in to your Angel One account via their app or website. Then, go to the IPO section and select the IPO you want to apply for. Enter the required details like quantity and your UPI ID. After submitting your application, approve the UPI mandate request from your bank app to complete the process.

What Should You Keep in Mind While Applying?

Make sure you have a valid UPI ID linked to your bank account. Your Demat account with Angel One is needed to receive allotted shares. Also, ensure the bank account used for UPI is in your name to avoid application rejection.

Why Choose Angel One for IPO Applications?

Angel One offers a simple and user-friendly platform for IPO applications with zero charges. It helps investors from all backgrounds to easily participate in IPOs without worrying about extra fees. The transparent process and quick UPI payment system make investing in IPOs smooth and hassle-free.