Answer
- Log in to Nuvama, go to the IPO section and choose the desired IPO, and enter bid details (quantity, price, UPI ID).
- Approve the mandate request in your UPI app to block the application amount.
Important Considerations: Funds are blocked, not deducted; ensure UPI ID is linked to the same bank account as your Nuvama trading account; apply during market hours (10 AM to 5 PM)