162 days ago

How to Apply for IPO in Zerodha? 2 New Methods

author Mayank Content Writer

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Through Zerodha Kite and Zerodha Kite Web, you can apply for an IPO (Initial Public Offering). To know how to Apply for IPO in Zerodha, read this article till the end.

After spending weeks researching and understanding the IPO, I found that Zerodha is the best application for assistance. Nevertheless, it was complicated for me to know how to Apply for IPO in Zerodha.

Even videos on an IPO procedure are a bit complicated for newbies. A blog on IPO in Zerodha caught my attention, and it highlighted Zerodha Kite and Zerodha Kite Web, including their procedure. I successfully applied for an IPO by following these methods. If you want to know about these methods in detail, check the steps given below.

You can also read this: Best Stock Market WhatsApp Groups (2024)

Table of Contents

[ Show ]

1.How to Apply for IPO in Zerodha? Two Best Methods to Follow in 2024
2.Sum It Up
3.Frequently Asked Questions

How to Apply for IPO in Zerodha? Two Best Methods to Follow in 2024

You can seamlessly apply for an IPO in Zerodha by following these two methods: Zerodha Kite and Zerodha Kite Web. Choose any one method to apply, as the process is very simple, even for an amateur in stock trading. Have a look-

Method 1: Zerodha Kite Mobile App

The first step is to download the Zerodha Kite Mobile App on your smartphone.
Log in to your account.
Click on the "Bids" tab.
The next step is to select the "IPO".
Select the IPO of your choice in the list on your screen.
Click on the "Apply" button.
Now, re-confirm your UPI ID and enter the total number of shares (quantity) you want to bid for at a specific price within the issue price range.
After this, tick on the undertaking box.
Swipe to submit the application.
It will now deliver a notification to approve the mandate on your UPI app.

Method 2: Zerodha Kite Web Platform

Search kite.zerodha.com on Google.
Now, log in to your Zerodha account.
Click on the Bids>IPO.
Click on the Apply button after selecting the IPO of your choice.
The next step is to select the investor type.
Users must enter UPI ID, desired quantity, and bidding price.
The final step is to tap on the "Submit" button and approve the mandate on your UPI app.

Earlier, it was complicated for numerous users to apply for an IPO in this stock trading application. I hope both of these methods helped you a lot. Share these methods with all those searching for how to Apply for IPO in Zerodha.

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Things to Remember About IPO in Zerodha

There might be several questions in your mind before applying for an IPO in this stock trading app. Don't worry; below are a few points to remember, and I hope you get your answers from here.

If you apply for an IPO earlier, it does not guarantee allotment of shares.
This stock trading application allows placing bids during a pre-application window and the offer period.
Zerodha allows users to place up to three bids per IPO. Remember that the amount blocked in your account will be the highest of your three bids.
Users will get a confirmation SMS message from Exchange by the end of the application day.
It is easy to verify your bid details after a day on the NSE website.
Any user can refer to Zerodha's support page to resolve IPO-related problems: support.zerodha.com/category/console/ipo.
Always do proper research on the company and its IPO details before putting in your hard-earned investment.

How to Change Primary Bank Account Online in Zerodha?

Before diving into the IPO, in case you want to change your primary bank account online in Zerodha, you can do it. Just follow the steps given below-

Firstly visit the console.zerodha.com.
Log in to your account and click on the "Account" option.
The next step is to click on the Bank>Modify bank account.
Now, share your new bank account number and IFSC code.
Read the Terms and Conditions properly and accept them.
Share your e-signing and your Aadhaar number for OTP verification.

Note: Zerodha will change your Primary Bank account online within 72 hours. The app will charge ₹25 + GST for this service.

Sum It Up

Are you ready to start your IPO (Initial Public Offerings) journey in the stock market? Zerodha should be at your fingertips because the app is a cinch to use and is better for understanding stock trading, even for beginners. The articles cover how to Apply for IPO in Zerodha with Zerodha Kite and Zerodha Kite Web methods. It's all your choice which one is easier for you. If you encounter any difficulties or have more questions on how to Apply for IPO in Zerodha, drop them in the comments.