We have updated the app to give you a better experience

If you’re using an older version of the Upstox app, read this.

Applying for an IPO on the Upstox platform is easy. All you need to do is follow these steps:

1) Log in to the Upstox mobile app using your User ID and Password.

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2) Enter your birth year to verify your account.

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3) Go to the 'Invest' tab from the bottom navigation bar and click on the ‘View ongoing IPOs’ from the IPO section.

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4) Click on the ‘Details’ button below the widget of the IPO you want to apply for.

5) Use the IPO details page to go through all the company-related details.

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6) Click on the ‘Place Bid’ button at the bottom of your screen.

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7) Enter your UPI ID and click on ‘Continue'.

8) Enter the lot size and your bid amount and click ‘Continue’.

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9) Confirm the order.

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10) You will receive a UPI mandate from your bank. Please accept the mandate.


Note :The IPO ‘Apply’ button will be enabled during non-market hours for initial two days. However the mandate will be created during business hours only i.e. from 10:00 AM to 5:00 PM. 


Click here to explore the updated app.

If you’re using the updated version of the Upstox app, read this.

Applying for an IPO on the Upstox platform is easy. All you need to do is follow these steps:


1)Login to the Upstox app using your 6-digit Pin or Biometrics.



2) Go to the ‘Discover’ tab from the navigation bar at the bottom and click on ‘Invest in IPO’ where you will see all ongoing IPOs.

3) Now, click on the IPO you wish to apply for where you’ll see a screen with two tabs -   ‘Overview’ and ‘Timeline’. You can click on these for more information on the IPO or skip and click on ‘Apply’ to apply for the IPO .

4) You will now see the IPO application page where all the required details need to be filled. Now to proceed, click on ‘Continue’.


Note: The IPO ‘Apply’ button will be disabled during non-market hours. It will be enabled from 10:00 AM to 5:00 PM. 

5) Next enter your UPI ID and click on ‘Confirm’

6) Click on status to check your application status and on the same screen you will see a UPI Mandate payment pending message.

Refer the link to find the IPO mandate on G-pay: How-can-i-find-my-ipo-mandate-on-google-pay-Gpay-

Refer the link to find the IPO mandate on Phonepe: How-to-accept-my-ipo-mandate-in-phonepe-

Refer the link to find the IPO mandate on BHIM: How-to-accept-an-ipo-mandate-in-bhim-app-


Mandate Refund: Your bank is supposed to release the IPO blocked amount automatically on or before the mandate expiry date if you haven't got the IPO allotment. If the amount has not been released by your bank, you can raise the issue at [email protected]


For more information refer to this link- When does the mandate get revoked if i do not receive allotment


Note: The bank account used to block IPO funds will be the one where the mandate refund amount (if applicable) will be reflected. Hence, ensure to check only this bank account for the mandate refund amount.


7) Once you accept the mandate request, you can check your application status under the ‘Status’ tab.

8) You can also check the timeline for your IPO application with date details


Note : The IPO ‘Apply’ button will be enabled during non-market hours for initial two days. However the mandate will be created during business hours only i.e. from 10:00 AM to 5:00 PM. 


To watch how to apply for an IPO on Upstox, see the video below: