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Upstox IPO: Seize Opportunities, Invest in Tomorrow | Garv Thakur

 
 
 

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Upstox IPO Review - Charges, Easy Steps to Apply Online

Upstox is the Second largest discount stock broker in India. Upstox has offered online trading services at BSE, NSE, and MCX since 2012. Upstox also offers Mutual Funds  and upstox ipo Investment facility. Upstox is famous for its discount brokerage plan and the powerful trading software. Upstox trading software is built in-house and is free to all its customers. Upstox ipo process is simple and easy to understand.

What is ipo in upstox?

IPO stands for Initial Public Offering. It refers to the set of stocks which a company sells to the public. By using IPO any private limited company becomes a public limited company. In this process, a company gets listed in the stock market where its stock begins to trade. Company offers IPO to trade their shares directly to the investors. There is a upstox ipo date predefined for every IPO on which it was made available to public first.
The private company brings IPO or sells their shares to raise funds for their upcoming projects, pay off the debts, sell promoters holding or simply receive the advantages of listing at the stock market. You can also take upstox ipo subscription to make smart investment.

For the investors who are looking to invest upstox ipo, an IPO provides a great opportunity to buy shares of the company. We will provide you all upstox ipo details and how to subscribe ipo in upstox details in description here. There is no specific upstox ipo eligibility criteria and you can also apply for upstox sme ipo.

In this article we will read about how to buy ipo in upstox and how to buy ipo shares in upstox and upstox ipo application status. We will also help you to understand upstox new ipo and upcoming ipo 2024 upstox through which you can diversify your portfolio.

How to invest in IPO through upstox?

Upstox ipo apply (Using UPI and Net banking)

Upstox ipo apply process is simple and easy you can do upstox pro ipo apply or upstox pro ipo apply by using two way:
1. Upstox IPO Application (UPI Based)- The broker provides the online IPO applications to its customers. The customers can apply in an IPO at BSE and NSE online using UPI as a payment mode.

What is upi id in upstox ipo?

How to bid for ipo in upstox?:To place an IPO application bid through Upstox you can use the UPI ID linked to any of the banks that currently supports UPI ASBA.
The bank doesn’t need to be registered with Upstox as a primary or a secondary account. However, you should be an account holder in the bank account linked with the UPI ID that you will use to apply for an IPO.
Note: In case you are not an account holder, you cannot use the UPI ID of a bank account of a friend or a family member.
2. Net Banking IPO application (ASBA based)- If an Upstox customer is wishing to apply in an IPO without using UPI, then he can apply in IPO using ASBA net banking.


Steps to apply in IPO through net banking are:
1. Visit the website of the bank in which you are holding an account and login to your account.
2. Move to “Invest in IPO” section of the website.
3. Select the IPO in which you will invest.
4. Enter the details such as the number of lots, price, etc.
5. Confirm and click on “Submit” to submit the application form.
Note: The above process may differ slightly from bank to bank.

How to subscribe ipo in upstox Online?

To apply for an IPO through Upstox, you need to follow the steps mentioned below:
1. Visit the Official website of Upstox and login to your Upstox trading website.
2. Log in to Upstox IPO using your UCC Id and PAN.
3. Enter your birth year to verify the account.
4. Select the IPO you wish to apply from the list.
5. Enter the bid. (You can add up to 3 bids).
6. Click on the “Place Bid” option at the bottom.
7. Enter your UPI ID and click on “Continue”.
8. Enter the lot size and your bid amount and then click on “Continue”.
9. Confirm the order.
10. You can track your IPO application by clicking on “Your applications” tab

How to bid for IPO in upstox or how to apply ipo in upstox app?

For upstox ipo allotment status and how to delete ipo application in upstox and upstox ipo application number and upstox ipo allotment status and upstox ipo allotment and ipo shares not credited upstox read the below mention steps carefully.
If you’re using an older version of the Upstox app, read this.

Applying for an IPO on the Upstox platform is easy. All you need to do is follow these steps:
1) Log in to the Upstox mobile app using your User ID and Password.



2) Enter your birth year to verify your account.



3) Go to the 'Invest' tab from the bottom navigation bar and click on the ‘View ongoing IPOs’ from the IPO section.


4) Click on the ‘Details’ button below the widget of the upstox ipo apply you want.


5) Use the IPO details page to go through all the company-related details.



6) Click on the ‘Place Bid’ button at the bottom of your screen.



7) Enter your UPI ID and click on ‘Continue'.


8) Enter the lot size and your bid amount and click ‘Continue’.


9) Confirm the order.



10) You will receive a UPI mandate from your bank. Please accept the mandate.

How to check ipo allotment status in upstox?

Allotment status: On the third day after bidding for an IPO, the allotment of shares takes place. This process is also termed as the allotment date. You can check your allotment status after 7 working days from the issue closing date.

Mandate not received: If you have not received an SMS or notification for amount-blocking even after six hours of placing your bid, you may have to apply again.
Note: As per the Exchange notice, the cut off time for UPI mandate acceptance is 5 PM on closing/last day of an IPO.

How to apply ipo in upstox pro?

Here we have mentioned some of the steps for ipo in upstox pro web and upstox pro ipo and login upstox pro ipo apply to complete upstox ipo apply process.

If you’re using the updated version of the Upstox app, read this.

Applying for an IPO on the Upstox platform is easy. All you need to do is follow these steps:
1)Login to the Upstox app using your 6-digit Pin or Biometrics.
2) Go to the ‘Discover’ tab from the navigation bar at the bottom and click on ‘Invest in IPO’ where you will see all ongoing IPOs.
3) Now, click on the IPO you wish to apply for where you’ll see a screen with two tabs - ‘Overview’ and ‘Timeline’. You can click on these for more information on the IPO or skip and click on ‘Apply’ to apply for the IPO .
4) You will now see the IPO application page where all the required details need to be filled. Now to proceed, click on ‘Continue’.


Note: As per the Exchange notice, the cut off time for UPI mandate acceptance is 5 PM on closing/last day of an IPO
The IPO ‘Apply’ button will be disabled during non-market hours. It will be enabled from 10:00 AM to 5:00 PM.
5) Next enter your UPI ID and click on ‘Confirm’
6) Click on status to check your application status and on the same screen you will see a UPI Mandate payment pending message.
7) Once you accept the mandate request, you can check your application status under the ‘Status’ tab.
8) You can also check the timeline for your IPO application with date details

Note: The IPO ‘Apply’ button will be enabled during non-market hours for initial two days. However, the mandate will be created during business hours only i.e. from 10:00 AM to 5:00 PM.

How to sell ipo shares in upstox?

After upstox ipo login into your profile, you could sell upstox ipo shares in the same way you sell any other shares at Upstox. You could do that once the shares are credited in your Demat Account. Upstox allows both mainboard and SME IPOs.

How to get ipo application number in upstox?

If you're using the updated version of the Upstox app, read this.
1. Click on the 'Discover' tab from the navigation bar at the bottom.
2. Now click on the IPO you applied for and on the 'status' tab to view its status.
3. From here you can track your IPO application status.

How to apply upstox ipo whatsapp?

This is a first-of-its kind industry feature and here is a step-by-step guide on how to use it:

Step 1: Say ‘Hi’ on this WhatsApp number +91 9321261098 exclusively for IPO applications and click ‘IPO’

Step 2: Confirm your number by selecting ‘Yes, proceed’ or if you wish to change your number click ‘No, change no.’

Step 3: Now verify by entering the 6-digit OTP sent to your number

Step 4: We will now send details of the latest IPOs. Select the IPO which you want to pre-apply/apply to from the list

Step 5: Now, to proceed, select ‘Apply now’ and if you wish to see other IPOs select ‘View other IPO’

Step 6: You’ll now be asked to enter the price at which you want to place your bid. We recommend bidding at the cut-off price as any bids lower than the cut-off price are unlikely to get an allotment if the IPO is oversubscribed

Step 7: Now select how many lots you want to apply for between 1-9 from the list. Incase if you wish to select more than 9 lots click on 'more' and mention the maximum lots from the given range.

Step 8: You will now get to see a summary of your bid details. To move ahead, select ‘Proceed’ or if you wish to change something select ‘Change bid’

Step 9: Next, you will need to enter your UPI ID

Step 10: Select ‘Accept & proceed’ to submit your IPO application or ‘Decline’ if you change your mind and do not wish to apply for the IPO

Step 11: You can now check your application status from the WhatsApp chat anytime.

How to apply ipo in HNI category in upstox?

We will clear your all doubts for how to purchase ipo in upstox here.

For upstox HNI ipo or upstox ipo subscription follow these steps:
• Log into the net banking website and click on the IPO segment.
• Click on the details regarding the various IPOs provided.
• Click on the IPO application form to begin filling in the details.
• Select the HNI category and enter the requisite details such as lot size, bid amount, and account number in the HNI category.
• Ensure that the total amount you wish to invest is more than ₹2 lakh.
• Submit the application

Upstox IPO charges

IPO charges in upstox is ₹0 Commissions on investing in Mutual Funds  and IPOs. If you are unable to apply ipo in upstox or not able to apply for ipo in upstox you can contact to upstox ipo customer care.


    Open Your Demat Account with Upstox Today.



Comments for Upstox IPO: Seize Opportunities, Invest in Tomorrow | Garv Thakur

4 comments

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Frequently Asked Questions


A stop-loss order is an order placed with a broker in order to buy or sell a specific stock once the stock reaches a certain price. A stop-loss is designed in order to limit an investor's loss on a security position.
Yes, everyone can invest in mutual fund through Upstox with Upstox demat account.
While carrying Intraday orders, we trade using margins and thus the trade goes in loss showing the negative balance. It will show the negative balance till the time we square off our trade or their RMS team do so. Your AMC might be deducted and this is the reason why it shows negative balance.
No, you cannot buy direct mutual fund through Upstox as it does not provide direct mutual fund schemes.
₹20 brokerage and 5x intraday margin are the most suited for a new trader. Whereas, the Priority plan is best for the experienced traders who require higher leverage. The brokerage charges (₹20 per trade) are also higher under the Priority Plan.
It allows customers to trade across Equity, Currency, Commodity and Derivative segments in Indian stock market. Upstox has various advanced technology platforms like Pro Web, Mobile Nest Trader, Fox Trader and DartStock.
The Upstox has pioneered the low-cost brokerage model. Thus while trading with Upstox, equity delivery trades are free of cost. For intraday trading on BSE, NSE and MCX and F&O. It is 0.05% or up to ₹20 per order traded.
Upstox is good for mutual funds as it provides regular mutual funds plans from 2500+ fund houses.
Upstox Nest Trader download from official website of Upstox is possible.
You can invest in mutual funds through Upstox if you have a Upstox demat account.
The Upstox provides three trading platforms. There is Upstox Pro web that you can access from your favorite browser. The other software Upstox Mobile which is available on both Android and iOS will help you in trading on the go.
Upstox runs a partner program wherein you can become a sub-broker and start referring customers from your network. You can earn commissions when they trade. You can receive earnings in two ways in this program either earn a part of the brokerage paid by your referrals or earn incentives for referrals when they open an Upstox account.
The Account opening is free. But if you pay ₹149, you will get a brokerage credit worth ₹250 with the validity of 30 days.
To buy mutual fund in Upstox, login to Upstox MF using Upstox ID and password.
You can withdraw money from your Upstox account directly from the application. You go to the balance section of the app and choose to “withdraw funds” from your securities or commodities account. Once after selecting the account, click on the “withdraw” screen. Now enter the amount you want to withdraw and click on “submit”.
Upstox is an online broker and a POA is compulsory during the account opening. This is done in order to keep your information safe and secure.
Upstox is one of the top discount brokers of India. It provides trading services at very low and unbeatable prices.
There is no limit of how many banks accounts you can link with Upstox. One bank account will be marked as the primary account and rest of them will be marked as the secondary bank accounts.
There is no such thing as Upstox branches. Upstox is a complete online stock broker. Only its registered office is situated at New Delhi and Head office situated at Mumbai.
No, Upstox does not provides direct mutual fund schemes or plan.
Upstox Mutual fund is an investment platform where investor invests in a pool of money to achieve their long-term financial goals.
Yes, any one with Upstox demat account can buy mutual funds in Upstox. If you do not have an Upstox demat account, you can easily open an online Upstox demat account.
Upstox Mobile App Support is significantly invested in technology. After Upstox mobile app login users can use its features and tools to its customers. For Upstox mobile app links, visit the official website of Upstox.
Mr Ravi Kumar CEO & (Co-Founder), Kavita Subramanian (Co-Founder) and Shrini Vishwanath.
The monthly maintenance charge for the demat account is ₹25 (excluding GST). This amount will be charged at the end of every month.
The trading with Upstox is completely safe. The company started offering its services in 2012 and since then it has grown exponentially. It has lakhs of trusted customers and over 5 lakh customers traded in January 2020. This made it rank as the second largest discount stock broker in India. The company is registered with the SEBI, BSE, NSE, MCX, CDSL and NSDL. It is regularly audited by the exchanges and no violations have been noticed so far. The company is backed with the leading investors like Ratan Tata, Tiger Global and GVK Davix.
Login to Upstox mobile app or login to Upstox trading software using your Upstox demat account login credentials to use Upstox demat account.
Yes, Upstox provide mutual fund investment facility to customers.
The client can freeze his account in case he does not wish to do any transaction in the near future. This helps in curbing the unauthorized use of demat account & prevention of frauds. The account will be de-freeze only on the instructions of the account holder.
When you open a Upstox demat account, Mutual fund segment is automatically activated. But if you plan to invest in Upstox mutual fund SIP, an Upstox mutual bank mandate bank mandate form is required to allow auto debit from your bank account at regular intervals as chosen by you to invest in SIP.
To reactivate your Upstox account, all you need to do is to fill the reactivation form and email it to us at ‎support@upstox.com. You also need to send a bank statement of the last three months that have been self-attested. Once after we receive this, your account will be reactivated within 24–48 business hours.
Upstox mobile is an advanced trading app provided by Upstox for easy and seamless trading experience.
Upstox core services does not include providing trading or stock tips. As an online broker, Upstox believes in keeping costs as low as possible.
Upstox is trustworthy and reputed stock broker in India. It is registered with SEBI. CDSL, NSDL, BSE, NSE and MCX with multiple exchanges are verified the UPSTOX.
There is no minimum balance that you are obliged to maintain in an Upstox Mutual Fund account once after the first time when you purchase the SIP.
You can upgrade your Upstox account by just sending an email from the registered email Id to support@upstox.com. Remember to keep the subject line "Request to change brokerage plan." Make sure that you mention your Name and UCC in the email. The request for changing brokerage plans will be processed in 24-48 hours during business days.
One of the major advantages of having trading account with Upstox is their low-cost structure. As a result, they do not provide any RM (Relationship Manager) services, even in Mumbai.
The Trigger price in Upstox is the pre-set price on a buy or sell order in trading. The order here is a special order such as a “stop-loss order”, a “take-profit order”, “bracket order” and a “cover order”.
The withdrawal of money procedure is an online process. Thus, every request is processed within 24 business hours after the trading day has ended. The Upstox staff get notified of your withdrawal request and hence they process all withdrawals once at the end of each day.
There is no demat account opening charges in Upstox. Free demat account opening in Upstox is available.
Upstox mutual fund is regular.
Yes, the account opening in Upstox is free with a ₹249 prepaid brokerage plan. Currently the company does not charge any account opening fee for the individual trading accounts.
When you open a Upstox demat account, Mutual fund segment is automatically activated in it. There is no separate activation required.
Upstox brokerage charges are Equity Delivery- ₹20 or 2.5% (whichever is lower) for Equity & Future- ₹20 per executed order or 0.05% (whichever is lower) for option Flat ₹20 per executed order.
There is no separate account opening required for mutual fund investment in Upstox. Only a Upstox demat account is required to be open. Visit garvthakur.com to check Upstox demat account opening procedure.
To start trading with Upstox, you need to open an account in Upstox stock broker.
Upstox Nest trader login can be done using Upstox Nest Trader.
Upstox demat account provides demat services. Upstox provides demat account facility as it is depository participant with both CDSL and NSDL. Anyone can easily open demat account with Upstox online.
In order to change your phone number in the Upstox account, you will have to open an online service request. To change phone number in Upstox, follow the below mentioned steps: a) Go to www.upstox.com b) Click on 'Sign in' > 'Dashboard' c) Upstox Login to the dashboard (Upstox back office) d) Choose and click on the 'Service Request' box e) Then, click on 'Change your Mobile Number" f) Enter the new phone number and verify the OTP. Once after the request is submitted, it will be processed in 24 to 72 hours.
There is no separate Upstox trading software brokerage. Only Upstox brokerage is applicable as per the Upstox brokerage plan.
Visit garvthakur.com to find the Upstox account opening procedure.
Upstox is not a listed company. It is a privately owned company run by the promoters of the company including Mr. Ravi Kumar and Mr. Shrinivas Viswanath. Four major investors that include Mr. Ratan Tata, Tiger Global Management, GVK Davix and Kalaari Capital Partners invested in this company.
The “Validity in Upstox” means the tenure or period for which a placed order is valid. The price of a stock moves up and down on a regular basis and thus the order is executed only when the matching price is available.
Span and Exposure margin is the leverage provided by Upstox to their customers. Find the above list to check Upstox margin exposure or visit the official website of Upstox to check Upstox exposure calculator.
If you are deciding to close your account then you can delete it, then you can delete it. Upstox does not charge any fees to close your Upstox demat or Upstox trading account. Just make sure that all your dues are clear and transfer all existing securities from your Upstox demat account.

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