How to apply for IPO in shareholder quota with Zerodha?

1. Use the Kite app or web platform to log in.
2. Go to the Bids menu and choose IPO.
3. Find the company you want to apply for and click Apply.
4. Choose Existing shareholder from the investor type dropdown.
5. Provide your UPI ID, the number of shares (must be a multiple of the lot size), and the cut-off price.
6. Check the undertaking box and click Submit.
7. You will get a mandate request on your UPI app. Make sure to approve it before 5 PM on the closing day to finish the application.

Important Note

You need to own shares of the parent company by the cut-off date. You can apply even if these shares are not in your Zerodha account.