How to Apply for an IPO in India
STEP 01
Open a Demat Account
You need a Demat account with a SEBI-registered broker (Zerodha, Upstox, Angel One, HDFC Securities, etc.) linked to your PAN card and bank account.
STEP 02
Apply via ASBA
Apply through ASBA (Application Supported by Blocked Amount) via your broker's app or net banking. Your funds are blocked (not debited) until allotment.
STEP 03
Check Allotment Status
Check allotment on BSE, NSE, or the registrar's website using your PAN or application number. Allotment is typically 6 days after the IPO closes.