1) Click here to view upcoming IPO's.



2) You'll be able to see current and upcoming IPO's, click on "APPLY" for the IPO you wish to apply for. Please note, applications will only be accepted during the IPO window (10 AM to 5 PM) between Offer start date and offer end date. 

3) Once you click apply you'll be asked if you hold a DEMAT account with PM Securities. If do hold one it'll make things easier for you. If you don't you can still apply for an IPO. 



4) Clients holding PM Securities Demat account shall be asked to input their client code, and validate the same with an OTP sent on their registered mobile number. Once the same is verified, demat account details will be shown to you. Incase you hold more than 1 demat account at PM Sec you can choose either of them to get the allocation of the IPO in that account. 

 

OTP verification

Demat Selection


5) Fill the below details and submit your BID


a) UPI ID: Insert your UPI ID (We will not be able to check details of the bank account mapped to the UPI ID. You should make sure this UPI ID is mapped to your personal bank account. The IPO application is liable to get rejected if the person who is applying is different from the one whose bank account is used to apply.)


b) Lots: Select 1 lot for a Rs. ~15000 retail IPO application / enter higher lots. (Maximum BID value for online bids is Rs. 2 Lac)


c) Price: Select cut-off price if you wish to get an allocation at IPO cutoff , or enter a price of your preference. 


d) Accept the terms and click Apply. 


6) Once you've submitted your BID accept mandate request on your BHIM UPI app.  Once you accept the mandate amount for the IPO will be blocked in your bank, however it will only be debited if the IPO is allotted to you. If you do not accept the UPI mandate your IPO bid is invalidated. (Click here to check the list of apps and banks which support UPI IPO currently)


Please note: Once you've submitted your BID as per point 5, it might sometimes take upto end of day for the UPI mandate request to show up in your UPI app. The timeline for this is based on processes of NPCI and we do not have any control over it. 


7) Once You've submitted your bid as per point 5, you'll be able to see your bids under the "MY BIDS" Tab, you can also choose to modify / delete your bid from here. Mandates cannot be canceled on the BHIM App. Once an application is deleted the mandate is revoked by your bank.