How can I place IPO orders through HDFC SKY?
One can participate in IPOs using your HDFC SKY trading app:
Ensure that you have an active trading account with HDFC SKY.
1.) Go to Menu > Indian Stocks > IPO.
2.) All the IPOs which are currently accepting application will be listed under the ‘OPEN’ section. You can scroll through the listed IPOs and choose the IPO you want to Apply for.
3.) Once IPO is selected, the IPO details Page comes up on which all the necessary information regarding the IPO is given. To apply click on ‘Apply for IPO’ button.
4.) Next you need to enter the number of shares (as per lot size) you want to apply for at what price (Cut-off Price or Custom Bid Price). Once selected, click on ‘Proceed to Pay’.
5.) Enter the UPI ID mapped to the registered Bank Account to Proceed.
6.) Review the application and Click on ‘Place Order’ to Apply.
7.) A confirmation will be displayed on screen for successful IPO Application. Accept the mandate request on your respective UPI App within the cut off time to avoid Application rejection.
8.) All the IPO application made can be tracked from Menu > Indian Stocks > IPO > Applied.
Unlocking Investment Opportunities: A Guide to IPOs for HDFC SKY Users
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