Applying for an SME IPO through the Upstox platform is a straightforward process. Follow the steps below to invest in Small and Medium Enterprise (SME) IPOs effortlessly.
Step 1: Login to the Upstox app using your 6-digit Pin or Biometrics
Step 2: Navigate to the ‘More’ tab at the bottom menu and select ‘IPO’
Step 3: In the ‘Explore’ section, tick the ‘Show SME’ IPOs checkbox to view all available SME IPOs
Step 4: Find the SME IPO you wish to apply for and click ‘Pre-apply now’ or ‘Apply Now’
Step 5: Fill in the required details such as quantity and price and click ‘Continue to apply’
Step 6: Enter your UPI ID linked to your bank account and click ‘Continue to apply’
Step 7: Check your application status by selecting ‘Timeline’ or ‘Summary’. A UPI mandate payment pending message will appear
Step 8: Open your mentioned UPI app and approve the mandate request
Step 9: Once the mandate is accepted, you can track your application under the ‘View Application’ tab
Step 10: To view the detailed IPO timeline, check the ‘Timeline’ section with date-wise updates.
Note: SME IPOs do not allow you to place the bid at the cut-off price; instead, you must choose the price you wish to bid
Explore the link below for a list of current and upcoming SME listings: