We are here to help you!

    If you have a Demat Account with Moneysukh and an active UPI app, you can follow these simple steps after pressing the button below:

      • Click on the ‘3 dot’ in the upper right corner of the app and select ‘IPO’ button
      • Enter the bid amount and continue. Each IPO has a minimum bid amount that needs to be blocked.
      • Enter your UPI ID and continue. You can find this ID (like rahul@oksbi or 091654301@ybl) on your UPI app

    Within an hour or two after this, you will receive a mandate request on your UPI app. Approve payment and that’s it!

    You can find your UPI ID in the profile section of the app.

    If you don’t already have a UPI ID, you can generate one using any of the UPI Handles mentioned on the NPCI list. (Link to be mentioned).

    You can also apply through ASBA with your bank or through a physical form.

    To create a UPI ID with the BHIM app, follow the steps below:

    Install the BHIM App.

    Check your mobile number

    Set up the passcode

    Choose your bank from the available options.

    The app will retrieve your banking information.

    If you have more than one account, select the one you want to register with BHIM.

    Create a UPI PIN for added security.

    You can now view your UPI ID in the profile section.

    Only NPCI-approved UPI ID/Handles are permitted for IPO applications. If you are unable to apply for an IPO using your UPI ID/Handle, we recommend that you look into the list of banks/apps approved by NPCI to provide UPI services for IPO applications.

    If you cannot find your UPI Handle in the dropdown list on the IPO page in the app, it means that NPCI has not approved your UPI Handle for applying for an IPO.

    Try using or creating an alternate UPI ID with any of the entities on the NPCI list.

    (NPCI list link to be mentioned)

    After bidding for an IPO on our mobile app, you will receive a UPI mandate request on the respective app 15-20 minutes later. However, your bank may take some time to process the request.

    The IPO mandate request must be approved by you in your UPI app.

    You can accept the UPI IPO mandate for blocking funds until 12 p.m. on the day after the issue closes.

    It is recommended that only one application be submitted per PAN.
    Even if you apply on multiple platforms with the same PAN, your application will be rejected and you will not be allocated an IPO.

    No, its free of cost to apply for IPO

    It is the price at which shares are issued to investors through an IPO.

    This price is determined during the allotment process.

    When an investor applies for an IPO at a cut-off price, he is indicating that he is willing to bid at that price.

    In an ideal world, all retail investors would bid at the cut-off price in order to increase their chances of allocation.

    You can apply for an IPO with any other bank account, as long as it is in the name of the investor.

    Most banks do not process IPO applications submitted through a current account, so it is preferable that you apply through your savings account.

    More information can be obtained from your bank.

    • You cannot apply through the Moneysukh app.
    • You can, however, apply using your HUF account through the physical ASBA process with your bank.

    When you apply for an IPO through the ASBA process, banks will simply hold/block your money.
    The amount will be deducted from your bank account once the shares are assigned to you.
    If you do not receive the shares, the amount will be released to your account on or before the UPI mandate expiry date.

    Yes, after placing an order, you can change the lot size and UPI ID of your IPO bid.

    Please keep in mind that if you approved your UPI mandate request for the order and later modify it, the entire IPO bid amount will be blocked in addition to the amount blocked for your original IPO bid.

    In addition, you will receive another UPI mandate request for your revised bid.

    However, if you did not approve the original mandate request, no funds will be set aside for the initial IPO bid.

    On the online portal where the application had erstwhile been submitted, there is an option that reads Delete Order. By clicking on this option, the IPO application can be withdrawn

    You can check the status of IPO from where you have applied in IPO section

    Some of the most common reasons for your IPO application being rejected
    You may have entered the incorrect UPI ID or PIN while approving the mandate.
    Ensure that the bank account, Demat account, and UPI ID are all linked to the same PAN.

    Once you approve the UPI mandate request for the IPO, your funds will be blocked. If the shares are not allotted through an IPO, your funds will be unblocked on or before the UPI mandate expiry date.

    Please contact your bank if funds are not unblocked after the mandate expiration date.

    After you have applied, it will showed in Holding section under ‘portfolio’ tab

    We’d like to make it clear that Moneysukh is just a platform for IPO applications and has no control over its allotment. Because IPO allocation is done by a lottery system, it can never be guaranteed.

    You can check the status of your IPO allotment here. (link to be mentioned)

    When you apply for an IPO, banks will simply block your funds.

    As a result, your funds will be unblocked on or before the expiry date of the UPI mandate. Please contact your bank if funds are not unblocked or released by the specified date.

    The following are reasons why you did not receive your allotment:
    Non-Allotment – Due to over-subscription
    Rejection – The application was rejected for one of the following reasons:

    Application received from multiple Demat accounts that share the same PAN Bank account Demat account, and UPI ID used for an application that is not mapped to the same PAN

    Your bid price is less than the issue price.


    Profits will be taxed based on your tax bracket.

    You can find information about past, current, and upcoming IPOs from here. (link to be put)

    When a stock is delisted, it is removed from the stock exchange. This can be either voluntary (strategic or financial reasons) or involuntary (exchange forces the company to delist).