To apply for an IPO via Angel One, you must have a demat account with them. Once your account is active, you can apply for IPOs easily using the Angel One app or website by selecting the IPO, entering your details like UPI ID, and approving the payment request. It’s a simple, quick, and paperless process.

What is an IPO and why should you invest?

IPO stands for Initial Public Offering. It is the first time a company offers its shares to the public to raise money. Investing in IPOs gives you a chance to buy shares at the beginning stage, often at a lower price. If the company performs well, your investment can grow quickly. Many investors look at IPOs as a good opportunity to earn higher returns in the long term.

How to apply for an IPO via Angel One step-by-step?

Here is a simple step-by-step guide to apply for IPOs via Angel One:

1. Login to the Angel One app or website.
2. Click on the 'IPO' section in the menu.
3. Choose the IPO you want to invest in.
4. Enter the number of lots and your UPI ID.
5. Check all details and click on ‘Apply’.
6. You will get a UPI mandate on your UPI app.
7. Approve the mandate to complete the application.

That’s it! Your IPO application is now complete.

What are the requirements to apply for an IPO?

To apply for an IPO via Angel One, you must have:

• A valid PAN card
• A demat account with Angel One
• A UPI ID linked with your bank account
• Sufficient balance in your bank to block the IPO amount

Once you have these, you are eligible to apply for any upcoming IPO.

Are there any charges to apply for an IPO?

No, Angel One does not charge any fees for IPO applications. There is zero brokerage, and the platform does not take any commission. The only amount involved is the actual cost of shares you apply for, and it stays blocked in your bank until allotment. If shares are not allotted, the amount is unblocked automatically.

How to check your IPO application status?

You can easily check the IPO application status through:

• The Angel One app under ‘IPO Order Book’
• On the registrar’s website using your PAN or application number
• In your UPI app for mandate approval status

This helps you know if your bid was successful and if you got the allotment.

What happens after IPO allotment?

After allotment, if you get the shares, they will be credited to your demat account before the listing date. On the listing day, you can either hold the shares for long-term gains or sell them for profit if the listing price is higher. If shares are not allotted, your blocked money will be automatically released back to your bank account within a few days.