Does Zerodha allow IPO?

Yes.

• Platform: Applications are submitted via the Console IPO page on both the web and Kite app.
• Payment Method: Only UPI 2.0 apps are accepted for payment. Funds are held in your bank account until allotment.
• Timing: The IPO application window runs from 10:00 AM on the issue start date until 4:45 PM on the closing day (4:30 PM for SME IPOs).
• Mandate Approval: You must approve the UPI mandate notification on your UPI app by 5:00 PM on the closing day to complete your application.
• Eligibility: You must use a UPI ID linked to your own bank account.
• No Fees: There are no charges for applying for an IPO through Zerodha.

You can also use the “pre-apply” feature to place orders a day before the official issue opens.