What are the eligibility criteria for applying for an IPO using UPI ASBA?

There is no eligibility criteria to apply for an IPO! However, there 2 things to keep in mind:


  1. Your maximum IPO application value cannot exceed ₹ 2,00,000/- via the UPI ABSA source.
  2. You can only apply for one IPO issue at a time using the same UPI ID.

Trade with Upstox

Want to open a Demat account?

Open a FREE Demat and Trading account to invest in Stocks, Mutual Funds, IPOs and more.

+91

By signing up you agree to receive transaction updates on Whatsapp. You may also receive a call from an Upstox representative to help you with the account opening process.