How to invest in an IPO with HDFC Sky through UPI?

To invest in an IPO with HDFC Sky using UPI, follow these steps:

1. Open the app and go to Menu > Indian Stocks > IPO.
2. Pick the active IPO you want to apply for from the ‘Open’ section.
3. Specify the number of shares (in lot sizes) and the price. For retail investors, it’s advised to bid at the “Cut-off Price”.
4. Choose the UPI payment method, enter your UPI ID, and select your bank.
5. Confirm your details and click ‘Place Order’.
6. Open your UPI app (such as BHIM, Google Pay, PhonePe, Paytm) and accept the mandate request to block the funds.