Answer
Steps:
- Log in to Kite and go to IPOs, select the desired SME IPO, enter bid details (investor type, quantity, price, UPI ID), and submit.
- Accept the UPI mandate request on your UPI app before 5 PM on the closing date to complete the application.
Key Considerations: Minimum investment is typically ₹1 lakh to ₹2 lakhs per lot, funds are blocked only upon allotment, and allotment status can be checked via Zerodha Console or the registrar’s website.