How to buy IPO in Zerodha

How to buy IPO in Zerodha? – You will get the answer to this question very easily in this post. But before that, let me tell you that before investing in any kind of IPO, Long Term Investment or Mutual Funds in the Stock Market, you should have complete knowledge of it. IPO In Zerodha because without knowledge or incomplete information there are very big chances that you will lose your money. Although it will not give complete knowledge in a single day, but you will learn much better things from it.

How to buy IPO in Zerodha?

Now let’s talk about how to invest in IPO through Zerodha? For this you will need 4 things –

1. Zerodha Account
Obviously, to buy an IPO in Zerodha, you must have a demat account of Zerodha.

2. UPI ID & App
To make a payment, you will also need a UPI ID and Payment App.

For that I recommend that you use Google Pay App or you can use any other payment app as well.

3. Kite App
To apply in the IPO, you must also have Kerte App of Zerodha.

4. Bank Account
It is also necessary to have a good saving account.

How to apply for an IPO?

To know about the new IPO, do you have IPO Calendar ???? Using

To apply in the IPO, follow the below given process –

1. First login to your Kite App –
2. Then click on your account –
3. On coming down, you have to click on the link for IPO in Console –
4. After this, a page will open in your browser, where it will be written that during IPO trading days are open from 10 am to 5 pm –
5. Below that, you will get a list of all the IPOs that are open to apply –
6. From that list, select any IPO that you want to buy.
7. After that, all the information about the issue date, issue close date, issue size, market lot, price etc. of that IPO will come before you –
8. Now enter your UPI ID and click on Verify.
(Keep in mind: This UPI ID must be completely correct, without this you will not be able to apply.)
9. Then select Individual Investor.
10. Now write down the number of shares you want to buy.
(Note: Lot means a minimum number of shares, so you cannot apply for less)

11. Ticking on the cutoff price means that you will receive shares at the final price.
12. Here you can fill different Lot Size and Price in all three columns but the price of all is Rs. Should not be more than 2 lakhs.
13. Now tick the checkbox at the bottom and submit it.
14. Finally, open your Payment App and go to Pending Request and pay for the IPO.
15. You will receive an SMS on the day of payment, which will indicate that your IPO application has been submitted.

How to see Zerodha Allotment Status?

How to buy IPO in Zerodha – After knowing the answer, many people ask how to see Allotment Status?

Let me tell you that the facility to check IPO Allotment Status is not available on Zerodha.

To see the status, you can visit the website of the company that has taken out the IPO or can also go to BSEIndia.

To check your status, you must have an application number or PAN number.

Note: – Sometimes it becomes difficult to allocate shares due to the presence of more applications, in such a situation, companies allot the shares on the basis of Lucky Draw.

What is the Cutoff Price in an IPO?

The cutoff price in an IPO is that which is decided by the company at a high valuation, which can be any number between the price band of that share.

If you want to be Allot for shares then you can tick the checkbox of Cutoff Price.

Also, if you want, you can apply for an IPO at the biggest price in the Price Band.

In this you will not be guaranteed that you will have allotted shares, but the chances of getting allot in it are increased.

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