How to apply for IPO through Fyers using UPI?

To apply for an IPO, follow these steps:

1. Access the IPO Section:

• Fyers App: Log in, navigate to the menu, select “Products,” and then click “IPO.”
• Fyers Website: Log in, click the grid menu (nine dots), then “Investments,” and finally “FYERS IPO.”

2. Select and Apply:

• Choose the live IPO you wish to participate in and click “Apply Now.”

3. Enter Bid Details:

• Input your valid UPI ID (must be linked to your bank account).
• Specify the required lot size and the price (usually the cut-off price).

4. Submit Application:

• Submit your bid to send the application to the exchange.

5. Crucial: Approve UPI Mandate:

• Look for a request in your UPI app (e.g., GPay, PhonePe, BHIM) and promptly approve the UPI mandate.
• Failure to approve this request will lead to the cancellation of your bid.