To apply for an IPO through your bank, you’ll need your Depository name and Demat account number. You can find these details on the Upstox app by following the steps below:

Step 1: Log in to the Upstox mobile app using your credentials.

Step 2: Tap the profile icon at the top left corner.

Step 3: Select My account → Profile.

Step 4: Tap My contact details — you’ll be redirected to account.upstox.com.

Step 5: Under the Personal section, you’ll find your Demat details.

Your Demat details will be displayed on the screen.

• Depository Name: Upstox Securities Private Limited
  

• Demat Account Number: A 16-digit number

1. The first 8 digits are your DP ID
   

2. The last 8 digits are your Client ID

What is the process of applying for an IPO through your bank?

Applying for an IPO through your bank’s NetBanking portal is quick, secure, and does not require manual paperwork. The exact process may vary depending on your bank. Below are the steps for ICICI Bank and HDFC Bank customers.

If you use another bank, please contact your bank for assistance on their IPO application process.

ICICI Bank

Follow these steps to apply for an IPO through your ICICI Bank NetBanking account:

Step 1: Log in to your ICICI Bank NetBanking account.

Step 2: From the top menu, go to ‘Investments & Insurance’ → ‘Invest Online’ → ‘Invest in IPO’.

Step 3: Select your account number from the dropdown and click ‘Submit’.

Step 4: Review your personal details and confirm authorization.

Step 5: From the list of available IPOs, choose the one you want to apply for and click ‘Go’.

Step 6: Enter your bid details such as quantity, price, and investor type.

Step 7: Under Depository Details, fill in your Upstox Demat account information:

• Depository Name: Upstox Securities Private Limited
  

• DP ID: First 8 digits of your 16-digit Demat account number
  

• Client ID: Last 8 digits of your 16-digit Demat account number

Step 8: Review the details, accept the terms and conditions, and submit your application.

Step 9: You’ll see a confirmation message once your IPO application is successfully placed.

Note: Under the ASBA (Application Supported by Blocked Amount) facility, the IPO amount will be blocked in your bank account and debited only if shares are allotted.

HDFC Bank

Here’s how you can apply for an IPO through your HDFC Bank NetBanking account:

Step 1: Log in to your HDFC Bank NetBanking account.

Step 2: Go to the ‘Request’ section on the top menu and select ‘IPO Application’ under ASBA Services.

Step 3: Choose your account number and click ‘Continue’.

Step 4: From the list of available IPOs, select the IPO you wish to apply for.

Step 5: Enter your bid details (quantity, price, and investor category).

Step 6: Under Depository Details, enter your Upstox Demat account details:

• Depository Name: Upstox Securities Private Limited
  

• DP ID: First 8 digits of your 16-digit Demat account number
  

• Client ID: Last 8 digits of your 16-digit Demat account number
  

Step 7: Verify all details carefully and submit your application.

Step 8: Approve the ASBA authorization to block the IPO amount in your account.

Step 9: Once submitted, you’ll receive a confirmation message on the screen.

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