Steps to Apply for IPO in Groww
- Find the IPO: Log in to your Groww account (mobile app or website) and navigate to the “IPO” section. Here, you’ll find a list of upcoming and ongoing IPOs.
- Select and Apply: Choose the IPO you’re interested in and click “Apply.”
- Enter Bid Details: Specify the number of shares you want to bid for and the price you’re willing to pay per share. Remember to check the minimum bid amount required for the specific IPO.
- UPI ID and Approval: Enter your UPI ID and click “Submit Bid.” Within a few hours, you’ll receive a mandate request on your UPI app. Approve the request to authorize the blocking of funds for the bid amount.
How to Apply for IPO in Groww?
The Initial Public Offering (IPO) market can be an exciting opportunity for investors. If you’re interested in participating in an IPO with Groww, this guide will walk you through the process, ensuring a smooth experience.