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Q. How do I apply for an IPO using the Moneysukh App?
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!