Apply for IPOs using UPI

August 6, 2019
Console, Console
Click here for upcoming IPOs


You can now apply for new IPOs (Initial Public Offerings) from within Console. Until now, we asked customers to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from their respective bank’s netbanking portal or by visiting a bank and submitting a physical application with your Zerodha demat account number.

SEBI has now made it mandatory for all IPOs to be supported by UPI 2.0. This means that we can now support IPO applications on our own. This is a much simpler, online process. All you need to do is enter the bid price, quantity and your UPI ID.

How to apply

You can use any UPI 2.0 enabled app (listed here) to apply for an IPO through Zerodha. Install one of the supported UPI apps and follow the below steps to apply for an IPO through Zerodha.

Login to Console and select ‘IPO’ in the ‘Portfolio’ menu.

Finding the IPO application on Console

Select the IPO you want to apply for from the list of open issues.

Select an IPO to apply for

Once you select an IPO to apply for, you’ll see all the details of the offer, like open date, close date, issue size, lot size, and (D)RHP. 

Details of the issue

Enter your UPI ID and click on ‘verify’. Make sure this is the UPI ID 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.

Enter your UPI ID

Place your bid(s). Select the investor type for your application. While placing the bids, only quantity that is a multiple of the lot size is allowed. If you wish to apply at the cut-off price, simply click on the checkbox next to ‘Cutoff-price’. If you want to place a bid at a different price, you can do so by entering a price in the ‘Price’ field.

Select Investor type and Enter the bid price & quantity

Once you’ve completed all these steps, click on the checkbox to confirm that you have read the issue size, lot size, and DRHP and click on submit.

Submit your application to the exchange

Once you click on submit, you’ll receive a mandate request on your UPI app. It may take a few hours for you to receive this mandate in some cases since this system is still in the initial stages of operation. Accept the mandate and you’re done. This will block the funds required for the application in your bank account until the date of allotment (2 days before the listing date). If you receive an allotment, the money is debited from your bank account and shares are credited to your demat account.

At the end of the day after submitting the IPO bid, you will receive an SMS from the exchange confirming your application. Meanwhile, to check the status of your order you can select the IPO you have applied for and you’ll be able to see the last updated bids in your application.

If you don’t receive an allotment, the blocked funds are released on the date of allotment.

Accept the UPI mandate to complete application

 

 

Happy Investing,

Matti

Corporate Communications Manager @ Zerodha, perpetual student, an eccentric Grammar Nazi, rock lyrics police and voracious reader.

552 comments

  1. Arghya Dutta says:

    Wonderful !

    • Piyush says:

      I have linked my zerodha through phone pe UPI can I apply?

      • Mohit Mehra says:

        Phonepe supports UPI ASBA. You can use your phonepe handle to apply for IPOs through Zerodha.

        • Ganesh says:

          Can we see old IPO request in Zerodha?

          • Mohit Mehra says:

            Currently, you can check the historic IPO allotment data on Console. However, you will have received email confirmations from Zerodha and sms confirmations from NSE for your past bids.

        • Prasad Lakkaraju says:

          I had applied ujjivan small finance bank ipo using phonpe upi through zeroha, i got a message from sbi that a lien amount is blocked, i did not get any other message or mail from any other. What can i do noew?

          • Mohit Mehra says:

            In the cases where the mandate has not timely been revoked after allocation, NPCI has fixed a mandate end date by which the mandate will have to be compulsorily released by the bank (SBI, in your case). The mandate end date for Ujjivan Small Finance Bank is 20th December, 2019. However, you can still follow up with your bank to release the mandate manually, since you have not received allocation.

            • Vaibhav Jain says:

              Hi

              Same has happened with me for SBI Cards IPO. I deleted the bid on 4th March, still funds are blocked.
              Were the funds release, if yes what is the procedure?

    • Sathish says:

      HI,

      Anyone faced this or can help me to answer this question.

      I accepted the UPI mandate request. But the payment status is shown “awaiting execution”. I just want to know when the payment status will change to complete!! Or do I need to pay again?

      • Prabin says:

        I have faced a similar issue.. made payment using Google pay.. amount got deducted… But the status is showing mandate awaiting execution…

        What should I do next??

        • Shiv says:

          I am also facing same problem.

          • Vijay says:

            Payment will be blocked for now. Once the if you have the lot allotted from the IPO, then they will deduct the amount based on the number of lots you have received.

        • Mohit Mehra says:

          Awaiting execution implies that the debit has not taken place yet. Once the allotment process is complete, the mandate will either get executed (if you get allotment) or it will get revoked (if you don’t get allotment).

      • Mohit Mehra says:

        Awaiting execution implies that the debit has not taken place yet. Once the allotment process is complete, the mandate will either get executed (if you get allotment) or it will get revoked (if you don’t get allotment).

    • Ankita says:

      Hi,

      I applied for the SBI card ipo. On the Bhim upi, I entered a wrong password by mistake. Shud I now delete and submit a fresh bid? Is that allowed?

    • Mihir says:

      I have selected my ipo with upi of google pay. so i can do payment with it ?

    • Prashant says:

      I have money in zerodha account, can I apply for an IPO without using upi. It’s stupid that I have to ask. Upi should not be mandatory.

    • Ajit says:

      Can I apply for Ipo using my trading account balance, not the bank account balance

    • Dilip Ingole says:

      I have applied for the IPO but payment is failed due to selection of wrong bank. Shall I get second payment remainder ? Whether I am eligible or not to get the IPO?

  2. Ravindra Kumar manharlal Dave. says:

    Excellent. Can u show me How UPI NUMBER looks like.
    Is it like [email protected] ?

  3. Bhaumik says:

    Does we need to submit physical forms at zerodhar branch?

  4. Chandramauli says:

    Is any form required then after ?

  5. Hitesh says:

    How to apply for the same through kite mobile app?

  6. Limit says:

    The normal transfer limit on Kite using UPI is 1 Lakh per day, but a retail segment investor can apply for IPO with a ceiling of 2 Lakhs. Does your system allow applying for 2 Lakhs? Or is it restricted to 1 Lakh? Or is this limit up to the users bank? Which bank allows UPI transactions of 2 Lakhs a day?

  7. Jitendra says:

    I am logged in KITE from my desktop machine.
    As mentioned above, I navigated to console-> IPO link
    But No IPO list is shown but I am getting message : No active IPOs found
    However when I visit SBI->ASBA link I am able to see IO list
    Please let me know what I am missing.

  8. Sheetal Behl says:

    Why am I not able to complete the formalities.every time I try to connect to digilocker it say ur aadhar is not linked yet

  9. dhrumil says:

    That’s Good News!

  10. Varsha Jagdale says:

    Console don t open in Internet Explorer. I have IE 11 version on my computer. I do not want to work with other browsers. Can you fix this or answer the settings change required in IE.
    Thanks in advance.

  11. Ashu Garg says:

    I am not comfortable with UPI platform for IPP, Can I still apply through ASBA from my bank account? Like earlier we used to do.

  12. Shankha Subhra Nag says:

    Daily withdrawal limit through BHIM upi is Rs. 40,000/- only. Is it possible if I wish to bid for higher amount, say, Rs. 1,00,000/- ?

  13. Bhanu says:

    Where we need to keep money for the process of applying for IPO through UPI?
    Is it in the Kite account or in the bank account?

  14. Apurv Adarsh says:

    Do I need to have a Demat account with my bank? Will a normal saving account suffice?

  15. Anita says:

    I have 2 questions:
    1. What about investing in the HNI category? If I apply for more than Rs. 2 lakh worth of shares, will I automatically be considered for the HNI category or is there a separate way to apply under HNI category?
    2. In the Bid section where we enter the Bid price and quantity, what are the Bid 1, 2 and 3 for? Do we make only 1 bid? What are the other bids for?

  16. Sukhdev says:

    Unable to login console, getting error 500

  17. Shankar says:

    Is GooglePay accepted?

    • Matti says:

      No, Google Pay isn’t live with IPOs yet. A link to the list of supported apps is available in the post above.

      • Krunal Patel says:

        What is the procedure to apply for ipo jointly?? And what are the requirements for the same?

        • Mohit Mehra says:

          Hi Krunal,

          You can only apply using one person’s credentials. The money can be blocked in a joint bank account where the applicant is one of the account holders. Also, the shares can be credited to a joint demat account where the applicant is one of the account holders.

          The process is otherwise the same. You can refer to the above article for the steps to apply.

  18. Bhushan Bhardwaj says:

    it is showing “Failed to place order: No JSON object could be decoded”

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  19. Nitesh says:

    Unable to place the order for IRCTC IPO. Getting following error messages”
    1) Failed to place an order: No JSON object could be decoded
    2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  20. Shobhit Gupta says:

    What is the significance of placing 3 bids, does increase the chances of ipo?

  21. Sneha says:

    Unable to place the order for IRCTC IPO. Getting following error messages”
    1) Failed to place an order: No JSON object could be decoded
    2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  22. RAHUL SEN says:

    DOES NOT WORK and you cant even enquire about it because you can not connect on any of their stupid customer care numbers. Its Really frustrating.

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  23. Dhananjay says:

    Please sort this error out ASAP: No JSON object could be decoded
    unable to place bid for IPO, and allotment will be on “first come first serve” basis. Please do something !!!!!!!!!!

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work. Also, IPO allotment is not on a first-come-first-serve basis, but more like a lottery. It’s random.

  24. Vaibhav Birla says:

    Getting this error: Failed to place order: No JSON object could be decoded

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  25. rishabh bhatiya says:

    getting the following error:Failed to place order: No JSON object could be decoded

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  26. pravin says:

    Getting this error for IPO: Failed to place order: No JSON object could be decoded

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  27. ravi says:

    ipo error says “Failed to place order: No JSON object could be decoded”

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  28. SAI RAMU KATTA says:

    getting this error….Failed to place order: No JSON object could be decoded

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  29. dreamz says:

    I am also seeing the same error

  30. dreamz says:

    Now is temporarily not accepting any IPO offers. Please try after sometime.

    • Matti says:

      This is an error from the exchange. We are working with them to have this fixed. Please try placing your bid again after some time. Should work.

  31. Debayan says:

    I have already applied for the IRCTC IPO. The balance is debited from my bank account but nothing is updated from your side. Will I be receiving a mail or confirmation in some other manner?

  32. Amit says:

    can i use the google pay UPI to purchase the IRCTC IPO ?

  33. pravin says:

    i have placed an IPO for IRCTC and did payment for same. 1.when it will appear on my dashboard ? 2. how would i know wheter i get stocks or not. 3.or is it confirm that i get IPO after doing payment.

  34. Prithvi Raj K says:

    I don’t understand why all this nuisance is necessary. Why can’t we just load funds into Zerodha account and directly buy?

    If someone does not have a UPI compatible phone, you are restricting them from accessing the service.

    Work on being more accessible not less accessible.

  35. Ajesh says:

    Still showing error like this while applying. please rectify

    “Failed to place order: No JSON object could be decoded”

  36. Naveen Prakash says:

    What is the significance of placing 3 bids? Does it mean that if i enter three bids – one at cutoff price (Say 320) and one less than cutoff price (318) and another at (315), it will take the best out of it?

  37. Nikhil Kulkarni says:

    Still showing below error while applying for IRCTC IPO , please rectify ASAP

    “Failed to place order: No JSON object could be decoded”

  38. Prithvi Raj K says:

    Getting the same errors that everyone else is talking about.

    1) Unexpected error
    2) JSON error.

  39. abhinav says:

    any update on
    No JSON object could be decoded

  40. DARPAN MADAN says:

    Failed to place order: No JSON object could be decoded

    THIS IS IS STILL NOT RESOLVED ???????

  41. Ankit J. says:

    Still getting the error: “Failed to place order json object could not be decoded”

  42. SAI RAMU KATTA says:

    Order placed and even received sms on registered mobile number to approve upi request mandate… but in the UPI application there is no request from IRCTC…
    Please suggest what to do..

  43. Pintoo says:

    Same error since last 2 hrs

    Failed to place order: No JSON object could be decoded

  44. Ram says:

    Still getting the error: “Failed to place order json object could not be decoded”

  45. Jatin Koshiya says:

    Getting the error:

    Failed to place order: No JSON object could be decoded

    Please solve ASAP.

  46. Rahul Saria says:

    Unable to place IPO order. Error message below:

    Failed to place order: No JSON object could be decoded

  47. Vivek says:

    ailed to place order: No JSON object could be decoded Error.
    Upstock and other brokers have wonderful placement of IPOs, why zerodha always ditches at the crucial time?

  48. Mahin says:

    Unable to place bid for IRCTC IPO despite of following all the instructions. The error message wa
    ‘FAIL TO PLACE ORDER: NO JSON OBJECT COULD BE DECODED’

    Let me know what to do?

  49. Avinash says:

    Anyone able to place bid yet. Still getting the same error –

    “Failed to place order: No JSON object could be decoded”

  50. Prithvi Raj K says:

    I placed an order using Netbanking in HDFC. Hope this works.

    If there is a delay in placing an order due to this issue, the existing orders will probably get priority and allotment is more likely. Not sure about this, but might be the case.

  51. Kiran S says:

    When are you going to Fix this error : Failed to place order: No JSON object could be decoded.
    We are loosing out on our bids.

  52. Vinay says:

    Unable to place the order for IRCTC IPO. Getting following error messages”
    1) Failed to place an order: No JSON object could be decoded
    2) Failed to place an order: IPO bid couldn’t be placed. Please try after some time.

  53. Vignesh says:

    Hello, Still getting the same message ” No JSON object could be decoded”. Could someone help ?

  54. Dinesh says:

    Same error “No JSON object could be decoded”

  55. DARPAN MADAN says:

    HI ZERODHA TEAM PLEASE REPLY ON IRCTC IPO MATTER ?????????????/

  56. Abhay mali says:

    It always says:

    Failed to place order: Order placement failed. Please try again

  57. Venkat says:

    Getting error while applying IRCTC IPO getting multiple errors sometimes JSON error, Some times 500.

    not sure whats wrong with Zeroda every time it will have issues now a days

  58. Gopalakrishnan says:

    I’m getting error “Failed to place order: Order placement failed. Please try again” when trying to apply for IPO

  59. Abhishek Mangudkar says:

    Failed to place order: Order placement failed. Please try again

    Error while placing irctc ipo order.

  60. Ashutosh says:

    its working now !!!

  61. Arjun Bhaskar says:

    Dear friends
    After successfully placing an order, How much time will be there to approve upi transaction through sbi bhim app?
    Because sbi bhim app showing mandate declined after pressing approve.

    pls suggest

    • Prithvi Raj K says:

      Did you get a solution?

    • Mohit Mehra says:

      Hi Arjun, you can approve the mandate upto 12 noon one day after the IPO ending date. If your mandate was declined after approving, you can try deleting your application and placing another bid. The application process is complete only when your mandate is successfully accepted.

      • Ruchir Srivastava says:

        But my amount got blocked. When I placed bid the second time, again same amount got blocked. When will my previous bid get refunded?

        • Mohit Mehra says:

          The bank is supposed to release the blocked amount in realtime when the application is deleted. However, some banks are taking longer. You can approach your bank with the application details or escalate this to NPCI at [email protected]

  62. Ronak says:

    This is not working for IRCTC IPO

  63. Sravanth says:

    can we share the upi id of the bank account not linked with the demat account?

  64. Pkrish says:

    My order was placed, but have not received a mandate request on my upi app, which is ICICI imobile. Any idea how long it takes to receive the payment request?

  65. Prithvi Raj K says:

    After how long is the UPI request received?

  66. Kshitij Sukhwal says:

    My application went through but still waiting for upi mandate .
    Upi mandate isnt coming both on hdfc app and bhim app
    Is it an issue from the zerodha side ?

  67. Shirish Shukla says:

    Not getting mandate request after once failure

    • Mohit Mehra says:

      A general fix is to delete your application and re-apply. The bank sends the mandate collect request again with the new application number in such cases.

  68. subho says:

    Q1. When mandate should come UPI app , immediately?? I have booked IPO through UPI not got mandate yet.
    Q2. may I use diff bank account (other not attached with Zerodha) for UPI for buying IPO.

    • Mohit Mehra says:

      1. The mandate collect request is supposed to be received in real-time. We send the application to the exchange which in turn sends it to the bank. In case of delays from the bank’s end, mandates requests are delayed. You could delete the application through Console and re-apply. However, if that still does not solve the issue, you can try to use the BHIM UPI app. It has a better success rate than some of the bank apps.
      2. You can use any bank account where you are one of the account holders. It need not be mapped to Zerodha.

  69. Abhay says:

    Hi

    My request for ipo was submitted from zerodha console , have receive email confirming the same from Zerodha.
    Also received message from NSE asking me to check for UPI-Mandate collect request for blocking the fund.

    But I have not received any Mandate request on HDFCBANK mobile app.

    • Mohit Mehra says:

      We send the application to the exchange which in turn sends it to the bank. In case of delays from the bank’s end, mandates requests are delayed. You could delete the application through console and re-apply. However, if that still does not solve the issue, you can try to use the BHIM UPI app. It has a better success rate than some of the bank apps.

  70. sonu says:

    Are there any charges to subscribe to IPO through Zerodha ?

  71. Chaturbhuj Singh says:

    @all,

    whoever is waiting for UPI mandate collect, please don’t be impatient. You will receive the mandate on UPI app. I had applied yesterday and just received the request. I opened the app and it was there.

    • Sahil says:

      Do you get any notification after accepting the mandate confirming the same?? Or any other kind of message from zerodha??

      • Mohit Mehra says:

        You will get a confirmation email of the order being sent to the exchange from Zerodha. Also, the exchange will send a confirmation of the application number at the end of the day when bid was placed. However, you will receive a confirmation for the mandate only on the UPI app you are using. The application number on the UPI app and sent by the exchange/Zerodha will match.

        • Sahil says:

          But i dont get any notification regarding that from zerodha though the amount is blocked.. its been 2 hours since i bid for the ipo.. what should i do now.?? Can you guide please??

          • Mohit Mehra says:

            Hi Sahil, you will not get a notification from Zerodha regarding the successful block of funds. This will be sent to you by your UPI app. However, you can check if the application number on the BHIM UPI app and Console are matching. The application number will be your 6 digit client ID followed by an 8 digit numeric series. The BHIM UPI app prefixes this 14 digit application number with the symbol of the company applied for.

            • Sahil says:

              It is same application number for both upi and console but even though the amount has been blocked for the ipo still the request is in pending section witjin the upi

              • Sahil says:

                Though the mandate is in pending section but still i recieved a message from upi towards the successful blockage of funds which should be the actual case but bhim app is showing opposite i.e. pending instead of completed

    • Rushikesh Mandage says:

      Hi Chaturbhuj, I also got notification in BHIM, but while accepting the mandate request, it asked me pin. On entering pin, it gave me error. However, i got a message saying ‘Your UPI mandate is successfully created towards [email protected]’for INR 12400.
      So is my transaction happened successfully ? Also why mandate request is still visible there in pending request section ?

  72. Ashutosh says:

    I accepted the upi mandate request , however on accepting it showed error of transaction frequency limit exceeded.
    I have done this process twice both times i am getting the same error.

  73. Apoorv says:

    Hello,

    Can anyone please help. I have used PhonePe UPI for buying IPO and got the mail regarding the mandate , and if I don’t accept the mandate by 12, it will cancelled.

    But on PhonePe I have not received any mandate. Can anyone help me in this ?

  74. Aakash Sutarwala says:

    How many hours does zerodha take to confirm once I have paid via UPI for IPO? Will I get a notification mail once my payment via UPI is accepted by zerodha or will I get a mail of form submission?

  75. Rahul says:

    Not received any mandate to approved since yesterday. Finally went ahead through ASBA route.

  76. Trupti says:

    Where can I see the IPO I have applied for while using mobile app and desktop both?

  77. AJ says:

    1-Oct-2019: TRANSACTION REJECTED – this is the message I’m getting while trying to subscribe to IRCTC IPO using UPI. The amount exceeds 10k – is this the reason? Are others able to subscribe?

  78. AJ says:

    1-Oct-2019: With respect to the IRCTC IPO, TRANSACTION REJECTED – this is the message I’m getting while trying to subscribe to IRCTC IPO using UPI. The amount exceeds 10k – is this the reason? Are others able to subscribe?

    • Mohit Mehra says:

      The limit for IPO applications using UPI is 2 lacs for investors. The transaction limit which varies from bank to bank doesn’t apply here.

  79. Anony says:

    my upi id is end with @okhdfcbank but in console only available option is @hdfcbank

  80. Anonynomous says:

    How sell purchased IPO in zerodha once it got enlisted?

  81. RUSHABH shah says:

    What if my bank doesn’t provide upi services ? Then what is procedure to file IPO ?

  82. Hemant says:

    Placed request through zerodha by HDFC UPI. Did not receive any mandate request, although received a message from NSE saying……………Dear XXAXXXXXXA IPO INDIAN RAILWAY CATERING AND TOURISM CORPORATION : App no XR015414876378 UPI ID [email protected] for Rs 12400.00 received. Please check for UPI-Mandate collect request for blocking of funds.

  83. gaurav says:

    i got a mail from zerodha saying ” IPO application for INDIAN RAILWAY CATERING AND TOURISM CORPORATION LIMITED has been submitted ”

    i got a mandate too in my BHIM App, i am able to click on proceed , but then when i click on confirm , it is not going any where and again shows me the same option of confirm.

    can anyone help.

  84. Shailesh says:

    I placed the bid yesterday afternoon at 1:25 pm IST, still i have not received the mandate in the bhim app, what should i do?

    • Sandeep Kumar says:

      It takes 2to 3 days

      • Amit says:

        you mean hrs not days, right.
        I submitted order on Oct 1around 1:30 PM. Got mandate around 5 pm. It was icici…its another matter I could not accept the mandate…visited icici and they said they are not supporting this upi option anymore and have been advised to collect ASBA form.

  85. Manish says:

    I have recently opened my account on zerodha sent my poa with signature can i invest in irctc ipo

  86. Abhay Kumar Yadav says:

    I have bank account linked in zeordha is HDFC now while making mandate I used you of kotak bank.

    So will it be ok ?

  87. Sandeep Kumar says:

    I applied for IRCTC IPO now I get the msg from Zerodha & nse to accept upi mandate to block amount but till now I didn’t get any msg in my BHIM axis pay
    What should I do now I am very upset help me zerodha 😂😂

  88. Sooraj says:

    My IPO mandate for two lot got accepted twice and amount got deducted twice. NSE SMS confirmation received only for one lot. Also IPO bid page showing amount payable for only one lot where 2 lots selected. Very disappointing service from your customer care.

  89. Maruthi says:

    I received an email today with the subject ‘IPO application incomplete’ with the following message.

    Your IPO application for IRCTC submitted to the exchange is pending completion. In order to complete your application, you need to accept the mandate request you receive on your BHIM UPI app. Kindly ensure your collect mandate request has the same application number as displayed in the bidding window on Console.

    In case you have not received a mandate request, you can delete your existing application and apply again tomorrow during the IPO market hours (10 AM to 5 PM).

    If you have already accepted the mandate for your application, you can ignore this email.

    Regards,
    Team Zerodha

    But I did receive a mandate and approved it. Now getting the following error when I try to delete the order ‘Failed to delete bids: Order placement failed. Please try again’. Did someone else face a similar issue?

    Thanks & Regards,
    Maruthi

    • Amit Bhandari says:

      I am facing the same problem. I raised the ticket lets see

    • Prithvi Raj K says:

      Thank you so much for sharing this.

      I will now delete the bid and apply through HDFC Netbanking ASBA mode. That is guaranteed to work. This UPI stuff is not working for anyone it seems like.

  90. Mayank Bhavsar says:

    I am not able to place bid for IRCTC IPO.
    Its showing the below message:-
    “Failed to place order: Order placement failed. Please try again”
    Please help.

  91. jagpreet says:

    Hi,
    I try to place order IRCTC IPO but not able to place i have received an error message “Failed to place order: Order placement failed. Please try again”

  92. Nigam says:

    Unable to place order. Getting the following error, “Failed to place order: Order placement failed. Please try again”. Please provide the solution as the helpline number is also busy.

  93. Syed Idris says:

    I am unable to bid for IRCTC IPO .
    I tried with hdfc upi , BHIM up,
    I am not getting mandate request.
    Today is last day for this IPO and my bid is not getting place.
    Please fix this issue.

  94. Ninad Wirmalwar says:

    Getting error while applying for IPO – “Failed to place order: Temporarily not available”

    Kindly help

  95. Janani says:

    Not able to submit IRCTC IPO , is popping up says, “Failed to place order: Temporarily not available”.

  96. deepanshu says:

    Same issue as lot of people have mentioned above, error: “Failed to place order: Temporarily not available”.

    Please help fix this.

  97. Aarya says:

    Neither able to delete nor able to update IRCTC IPO says, “Failed to place order: Temporarily not available” since last half hour.

  98. Narendra Kumar SS says:

    I am trying to apply for IRCTC IPO thru console.zerodha.com.
    The bank linked to my account is Citibank India.
    I clicked on the “Place Bid” link on the IPO page.
    I gave my UPI id for Citibank and the bid got accepted. Now, I am seeing the link “Modify Bid” in place of “Apply Bid”.
    But, I don’t see the amount blocked in my Citibank account. Also, I didn’t get any mandate for this bid.

    When I clicked on the Funds->Bank Mandates link, it showed “Mandates (eNASH)” page, where there is a link called “Create New Mandate”.
    I clicked on this “Create New Mandate”. It gave an error that: “Sorry! Banks mapped to your trading account don’t yet support eMandates.”

    So, does it mean I cannot apply for IPO thru Zerodha using Citibank?
    Then why did it accept the bid and showing “Update Bid” link?

    Please let me know how to proceed on this?

    Regards,
    Narendra

  99. Deepesh says:

    hi,
    i did not recieve the upi mandate request on my app. i checked and all my data is entered correctly what do i do, today is the last day of ipo please help……

  100. Kavisha Badjatya says:

    I have placed the bid using phonepe UPI and I have not received the money request yet on my phonepe application. Can you please help?

  101. Ajitabh says:

    What is cutoff price checkbox for??

  102. Naveen Prakash says:

    Looks like there is a problem in UPI mandates and also google pay is not supported. Please subscribe for this IPO through netbanking. I did it through HDFC net banking.

  103. Pavan says:

    Use BHIM UPI ID and app. Don’t use the bank UPIs.
    I tried with HDFC and ICICI and it didn’t work.
    It finally worked only after trying with BHIM UPI.

  104. Naga Kiran says:

    How long it takes to get mandate request on BHIM app after placing IPO bid request on Zerodha?

  105. Salil Sahni says:

    I applied for IRCTC IPO and cancelled the bid. However the mandate is still active on UPI app

  106. Himanshu M Patel says:

    I have purchased IRCTC IPO via zerodha via [email protected] upi address?
    Still I do have to approve the same on Bhim as I have not received any mandate approvals on Bhim or on HDFC app.
    Please do let me know.

  107. Rahul Saraf says:

    I faced same problem, Zerodha mailed me after working hours saying check with Bank and UPI. OR try through other mode..
    Look there is serious problem from Zerodha.
    Unable to even cater requirement from customer

  108. Shrey says:

    I am not able to get request from UPI application on phone pe application.
    And now I am not able to place request again . Please help me how can I get mandate again. I got a email from Zerodha that still I can accept until 12:00 PM

  109. Swapnil says:

    I applyied for 3 lots but amount blocked for one lot only why?

  110. Arpit says:

    Hi- I got a mail asking to confirm the mandate, however no mandates appearing in the app.
    Please help.

  111. Lucky says:

    I am not able to get request from UPI application on phone pe application.
    And now I am not able to place request again . Please help me how can I get mandate again. I got a email from Zerodha that still I can accept until 12:00 PM

  112. Hiren Rathod says:

    I did not received any mandate. What should i do?
    How to add mandate manually.

    • kash says:

      go to UPI section and there is a separate tab called UPI mandate there… click on that and go to request received… This mandate will not appear in the Pending Request section…

  113. Kaushik says:

    I didn’t receive any mandate request on my HDFC phone banking app still.
    I created a ticket number for Customer Care. They replied that try applying for the IPO again through Bank website/ASBA. Now, the window for IPO is closed already.

    Certainly a JOKE. Should not have tried this UPI thing from Zerodha.

    Give me some solution before 12pm, if possible.

    Really annoying

    • kash says:

      In the UPI app there is separate section for UPI Mandates and the request received would appear under that section. It does not show in the normal Pending Requests section… I had the same issue and found the mandate under the separate sections…

  114. Gaurav Soni says:

    I have applied the IRCTC ipo through console and have got messages from you to approve mandate in hdfcbank upi but i havent received any request in hdfc bank and lost the opportunity to apply for the IPO…

    Please explain…

  115. Sandesh Mitake says:

    yesterday I applied for IPO, There was no mandate received yesterday on BHIM UPI, and now I can see Mandate with failure indication on BHIM,

    Can I request to send mandate again?

  116. Priya says:

    Same issue please advice of you know anything

  117. S K Jeswani says:

    While applying for IRCT IPO through Bhim UPI, I put wong VPA. I tried to correct it but to change carried out after modification,
    Will this have any effect in fund transfer, if my bid is successful?
    Or has any alternative to rectify this mistake ?

  118. Sahil says:

    How can i see the status of my irctc ipo application after the bidding period is over?? As of now it is not visible in ipo section..

    Can somebody help in this issue??

  119. Santanu Ghosh says:

    I have applied for the IPO of IRCTC through Console (Application No. GE166114752243) on 02.10.2019. However, mandate request is not received in my UPI app till now. Pls look into the issue.

  120. Kanishk says:

    Mandate in BHIM upi app is showing expired since yesterday. Earlier it was approved.
    Why so?

  121. Naveen Prakash says:

    You can check the allotment status of IRCTC IPO in Alankit portal

    ipo(dot)allankit(dot)com

  122. Santhosh Sampath says:

    I have applied for IRCTC ipo using upi. I didn’t get allotment. When will money get refunded.

  123. Smruti says:

    I have got irctc ipo allotment.
    Now I am getting a message that UPI mandate failed. Please help

    • Chiranjeev says:

      I have been alotted 40 shares. But my sbi upi debit mandate has failed twice today. Amount is yet to be debited from my account. 12400/-

      • Shank says:

        Same issue with me . Upi transaction failed twice today . I had applied for 3 lots and got 1 lot alloted. So mandate is of 37200 but transactions which failed today were of 12400 . Called bank customer care but they said nothing wrong from their side.

  124. shubham galav says:

    i am not able to check allotment details for IRCTC ipo applied through Zerodha

    amount still blocked.

  125. I have alloted irctc ipo, but sbi upi says payment failure says:

    I have applied through zerodha and madate is registered through sbi upi. I have alloted a lot of irctc. But now i am getting notifications about payment failure from sbi upi.

  126. Alekh says:

    The same thing I got the shares 40 but my payment is failing through upi mandate ..my bank manager told they have received a lot of query for this particular IPO of irctc who have applied through upi mandate ..Mumbai people said they are working on it

    • Gagan says:

      Now the UPI Mandate has expired but still, the amount is blocked which is expected to be released very soon.
      Firstly, how will they debit the concerned amount now?
      Secondly, Can they debit the allotted IRCTC shares which have been already credited to our demat account?

  127. Chiranjeev says:

    My sbi upi mandate has expired. If the mandate itself has expired how will my money get deducted for the shares alloted for me? I called up zerodha helpline, sbi helpline, alankit helpline but to no avail. Seems like a scam

  128. Ketan says:

    I had applied for IRCTC IPO. However, didn’t get any allotment. Funds blocked should have been released on 11th october but still have not been released. What should I do to get them released?

  129. Swapnil M says:

    I didn’t get IRCTC IPO ALLOTMENT But the blocked money is still not released from UPI Mandate. I still see that amount is in active state under UPI MANDATE.

    This is our system. Automatically money should have been released if IPO is not allocated.

    Why UPI is introduced in IPO bidding if it’s not fully operational ????

  130. Kanishk says:

    Funds blocked still not released for me. Is it unblocked for others?

  131. Jai says:

    Has anyone’s money who applied for irctc ipo got unblocked ???

  132. rajasarath says:

    I have not received my funds in the account (not allotted) even after the listing of the IPO.I’m not even able to contact to zerodha support. Please do reply.

  133. Ravindra Singh says:

    My amount got unblocked today around lunch time.I did not get any shares allocated but my amount was locked.

    It will be unlocked for everyone !!

  134. Jai says:

    I got my amount unblocked today around 6 pm. Hopefully. It will be unblocked for others. Also who. Applied through upi. From next time I will apply through net banking only .

  135. bhushan says:

    I also haven’t got the refund yet.

  136. Saurabh Jain says:

    While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up. Please guide.

    • Awadhesh Kumar says:

      Same for me as well “Invalid VPA. Please try again.”

      • Mohit Mehra says:

        Hi Saurabh and Awadesh, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?

        • G K says:

          I am facing this same issue on multiple valid upi id linked to my personal account. Please fix this as unable to apply for ujjivan ipo due to said failure at verify stage

  137. Vishal Gupta says:

    While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up.

  138. somil says:

    While placing a bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit the verify button. I tried all the UPI ids but it shows the same pop-up.

    • Mohit Mehra says:

      Hi Somil, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?

  139. Manohar says:

    While placing bid for CSB IPO, It shows “invalid VPA. Please try again” when I hit verify button. Tried all the UPI ids but it shows same pop up.

    • Mohit Mehra says:

      Hi Manohar, we had added this validation during the weekend since the bidding window was closed. You would have received the error since we were testing our systems during this period. However, the verification should have worked normally for you since yesterday. Could you confirm if you’re still facing the issue?

  140. Javid Pathan says:

    My UPI id is showing invalid while I verifying the UPI id for IPO.

  141. Abhijit Warale says:

    My submission for IPO was successfully done and i even got the email of confirmation of submission of IPO but it’s been 12 hours i have still not received the UPI mandate request. Pls suggest what is to be done.

    • Mohit Mehra says:

      Hi Abhijit, you can escalate this to [email protected]. The stockbroker submits the application to the exchange which then sends it to the bank. The mandate leg of the transaction can be checked by NPCI or the banks. We can only confirm the time at which you have submitted your bid which was sent to the exchange.

  142. Manish Kumar says:

    Hi team,
    I tried to enter the same google pay UPI through which I put funds in my Zerodha account. When with the same UPI
    I am trying to bid for an IPO , its saying Invalid VPA address.
    My gPay UPI is – [email protected] while verifying the UPI for the Bid its taking – [email protected]@axisbank.

    Please let me know if there is any way so that amount gets blocked from the zerodha funds while applying for any IPO or its has to be blocked from the Bank account .

    Thanks,
    Manish

    • Mohit Mehra says:

      @okaxis is a google pay handle. The only google pay handle which currently supports IPO applications is @okhdfcbank. You can use the BHIM app by linking your axis bank account to the same. (The axis bank app which has the @axisbank handle has intermittent issues with the mandates every now and then)

      In case your BHIM VPA is [email protected] enter 9411110000 and select @upi from the dropdown menu on the IPO bidding window

  143. Amit says:

    I placed my IPO bid but didn’t get any UPI mandate request. My Zerodha linked account is with ICICI.

  144. Yusuf says:

    I want to apply for IPO but my UPI id is [email protected] which is not available. Please let me know how I can apply?

    • Mohit Mehra says:

      @okaxis is a google pay handle. The only google pay handle which currently supports IPO applications is @okhdfcbank. You can use the BHIM app by linking your axis bank account to the same. (The axis bank app which has the @axisbank handle has intermittent issues with the mandates every now and then)

  145. radhakrishna says:

    I placed my IPO bid but didn’t get any UPI mandate request. My Zerodha linked account is with ICICI.

  146. Ashish Ranjan says:

    Hi, Is it mandatory to use the same bank for IPO using UPI which is linked with the broker or any other bank of the client can be used?

  147. Lakshminarayanan M says:

    i also didnt get mandate in my Bhim Axis Pay app.

  148. Chirag says:

    I have Zerodha account on the name of my brother . can i use my accounts UPI for purchasing IPO or i need the same account which iam using in zerodha for placing bid for IPO.

    • Mohit Mehra says:

      Hi Chirag, the bank account has to be in your brother’s name. If the bank account in the application is not in the applicant’s name, the bid is liable to be rejected by the RTA (Registrar and Transfer Agent – who does the allotment for the issue).

  149. Amit raj says:

    Hi zerodha,
    I have modified my Ipo subscription for ujjivan.
    Have increased from 800 share to 1200 share .
    But this time did not got upi mandate and no further money was deducted .
    Please reply.

  150. SUSANT says:

    Hi,
    I have a trading account with zerodha and I want to apply for Ujjivan IPO, But I do not have any UPI registered at present. How can I apply for it? Kindly guide as early as possible.

    B.R
    Susant

  151. Rahul Rakshit says:

    If i dont get through with the bid. How long will it take to get the money (that is blocked) in my bank account.

    • Mohit Mehra says:

      The money is supposed to be released after the allotment date (i.e. 1-2 days before the listing date). However, each mandate also comes with an end date by which the banks are compulsorily supposed to release the blocked amount.

  152. Bipin says:

    I have purchase Ipo subscription for ujjivan.
    by UPI but in my UPI app no any request for IPO bid….. amount

  153. Yash says:

    What does it mean if I do not get SMS after submitting IPO application ?

  154. Dhaval Dalsaniya says:

    I think Zerodha should start gold deposit option k ke Paytm phonepe and Google Pay will be easier for retail investors to inv

  155. Dhaval Dalsaniya says:

    I think Zerodha should start gold deposit option like Paytm phonepe and Google Pay it will be easier for retail investors to invest in gold and they can get delivery of phisical format so all investment at one Place stocks,funds and gold that the idea that Zerodha should think on it

  156. Raja Sekhar says:

    Hi

    I applied to ujjivan ipo worest experience while applying from zerodha
    1. Placed bid i got a mail got request to phonepay after 1hour about transaction amount was blocked
    2. i tried to place new bid it’s not at all sending the amout request to phonepay or hdfcupi
    4.the amount was blocked and stock was not allocated

    don’t use zerodha for ipo bid

  157. Ramnath Shinde says:

    Hi Sir/Mam,

    I try to apply IPO my google pay end with @oksbi bit I can not fond @oksbi option there is @sbi but that not match with may google pay please help me.
    also same for @okicici there is only @icici

    • Mohit Mehra says:

      @sbi and @icici are UPI handles of the apps of SBI and ICICI respectively. They are not live through google pay yet. Once they support IPOs through google pay, the option will be available on Console.

  158. SENTHIL says:

    Whether IPO can be applied with my secondary bank account’s UPI ID?

  159. Dayanand Gavas says:

    Sir, Today I applied for 2 share lot of Prince Pipes, after that when I proceed for Bank Mandate, transaction become failed. When I ask to CC of Zerodha, they said delete the first placed order and and order it again. I did the same what they said to me. And after that I didn’t received any sms but money got deducted from account. So how do I get money back?

  160. Dayanand Gavas says:

    Sir, Today I applied for 2 share lot of Prince Pipes, after that when I proceed for Bank Mandate, transaction become failed. When I ask to CC of Zerodha, they said delete the first placed order and and order it again. I did the same what they said to me. And after that I didn’t received any sms btut money got deducted from account. So how do I get money back?

    • Mohit Mehra says:

      On the deletion of an application, the bank is supposed to revoke the mandate. You can approach your bank to release the blocked funds.

  161. shaheer says:

    Hello,
    Will zerodha bring “okaxis” to apply for Ipo, because I have UPI Id on “okaxis” which is not there in console and my bank account is with central bank. I wont be apply to generate new UPI ID using Bhim App for same account what can I do?

  162. PRADEEP says:

    Why can’t i find anything on this page (Console>portifolio>IPO) ??

    It reads
    “IPO window will remain open from 10 AM till 5 PM on trading days.
    Please use your Virtual Payment Address (UPI ID) for placing bids. Read more
    No active IPOs found”

    Say I’m trying to access this page on a working day @ 10:50 AM.

  163. Anish raj says:

    how to apply ipo

  164. Ishant says:

    Sir
    With BHIM UPI I have linked Bank of India account and with Zerodha I have linked SBI account.
    My Query is,For Applying IPO
    Is it mandatory to have same account in UPI and Zerodha?

  165. Aditya khandelwal says:

    I have register my another bank account with zerodha and i want to subscribe the ipo through my another bank accounts upi id, which is not registered with zerodha . Can i use my unregistered bank’s upi id to subscribe the ipo or not?

  166. Subham says:

    I have a different bank account linked to my zerodha, can I still apply through this option with another UPI of my own other bank account?

    In simple, can I apply through my own bank account which is not linked to zerodha

  167. Sai Tej says:

    I have applied for an IPO using ICICI UPI. But I didn’t receive any mandate UPI request in my net banking. I cross checked UPI ID and it is fine. I usually get UPI request immediately. What should I do now?

  168. Saniya says:

    i HAVE APPLIED THROUGH ZERODHA WEBSITE,HOWEVER AFTER PLACING THE ORDER,NOT GETTING ANY NOTIFICATION ON GPAY TO PROCEED ANY MANDATE….??

  169. Arvind Singh says:

    I got the SBI Credit Card IPO mandate in BHIP app .. but when I accepted it .. it’s failed. Any one knows the reason. I have the sufficient balance in the UPI linked bank account.

  170. Yogesh Madav says:

    Hi,

    I have place BID for SBI card IPO. My first BID get vanished. I reapply for it but from morning I haven’t get mandate for it.

    • Matti says:

      Hey Yogesh, the mandate takes time due to delays at the sponsor bank for the IPO. You will get the request after some time and you can approve it to apply for the IPO.

  171. Arun Gupta says:

    Hi Team, I am facing the below error while applying for the IPO:

    Failed to place order: No valid response for IPO bids insert api call. (‘Connection aborted.’, ConnectionResetError(104, ‘Connection reset by peer’))

    Could you please help me get through this error and apply for the IPO?

    Regards,
    Arun

    • Mohit Mehra says:

      There were intermittent issues on March 2nd while placing IPO orders. You will be able to place the order successfully if you try now.

  172. pradeep says:

    As I modify IPO order it gives error ” Failed to delete bids: is not JSON serializable ” Plz help use.

    • Mohit Mehra says:

      There were intermittent issues on March 2nd while placing IPO orders. You will be able to place the order successfully if you try now.

  173. sandeep says:

    We are unable to modify or update the ipo order and also we are not getting mandate request please team have a look at this this is not acceptable being zerodha

  174. Yash says:

    I am getting an error –
    Failed to place order: {“status”: 500, “message”: ” is not JSON serializable”, “data”: []}
    Also when I refresh I get “Internal Server Error” intermitently.
    Can you please check.

  175. Madhur Falodia says:

    Applied for ipo through upi. google pay upi id selectd but didn’t received any request for upi payment

    • Matti says:

      Hi Madhur, the mandate takes time due to delays at the sponsor bank for the IPO. You will get the request after some time and you can approve it to apply for the IPO.

  176. Arvind says:

    I applied for sbi card ipo.. got upi mandate on bhim app..approved it ,. But it says mandate registration failed . Even in gpay it failed to approve after receiving upi mandate.
    What has to be done.??

  177. Mayank Rawat says:

    Hi,

    I have not received the e-mandate request on my Bhim or gpay app?
    Is there any specific reason.

    • Mohit Mehra says:

      You have time until 12 PM on March 6, 2020 to receive and accept the mandate. On submission of an IPO application, the mandate collect request is supposed to be sent by the Sponsor Bank (banker to the issue) in real time. You may have to wait up to the end of the day to receive the mandate collect request due to delays from the Sponsor bank.

  178. Vijil says:

    Applied for the sbi card ipo .first tried with Google pay. No mandate came.
    After that removed the bid and reapplied using bhim upi.
    Mandate came after 4hrs.
    When I accepted the mandate and it gave me error. When I checked my bank account the amount is already blocked but in bhim upi app it’s showing as failed. What shall I do? Shall I cancel the bid and reapply 1 day later? Could someone help me on this

    • Anwarul hasan says:

      Something Same happens to me ,my account money is blocked even after Transaction failed for CAMS IPO,mandate date end but still my money is blocked.
      I just want know that your money is still blocked or not.

  179. Ajay says:

    Hi Team,

    Can someone explain us how to apply for SBI cards in both categories that is shareholder and individual investor?????

    Bcz once if u apply through individuals or shareholder category through zerodha UPi then we are unable to apply with other category. Say if we have applied through individual investor through UPI zerodha then we are not able to apply in shareholder category in zerodha UPI. It shows only to modify, if in case we modify it to shareholder category then entire bids will get modified as a shareholder category..
    Pls let us know how to segregate our bids into both shareholder and individual investor category via UPI zerodha??

    However, we can apply it via netbanking as a shareholder category, but I heard if we apply different applications from same demat account (via netbanking and UPI ) the IPO application will get rejected. Can some one clarify on this????

  180. Noel says:

    Is it possible to use my equity balance to bid on an IPO??

  181. Anand says:

    Regarding ongoing SBI IPO,I have placed a bid with Zerodha.But it is taking a UPI ID of the bank where I don’t have an account.Can you please let me know how to set this right.

  182. Chirag says:

    I received a request on Gpay but it got failed. What to do?

  183. swarup says:

    I placed my first bid for sbi card ipo and waited for mandate but after some time i deleted it and made a fresh bid. As soon as i placed my 2nd bid a mandate came and without checking the application no i accepted it which was actually the mandate for my first bid. Some time later i saw the amount is revoked as i already deleted my first order to which i got confused and declined the 2nd mandate for the 2nd order.Now when i am going t delete the 2nd order its showing “bid deleted successfully” but the bid still remains. I tried several times but could not be able to delete it. Even i called zerodha representative but she said they will manually delete it afternoon.I want to delete it and make a fresh order.please help…

  184. AMEYA PANKAJ GUPTE says:

    I forgot my UPI ID of Bank of Baroda. I am unable to retrieve it or make a new one as I am abroad and my registered number is not working at the moment. Can I apply to IPO using net banking?
    Or any other options plz help!
    Thanks…

  185. Vishal Gupta says:

    I have applied for sbi card ipo by accept of mandate my account is deducted from my bank but status showing rejected. will my ipo process completed or If not how can i get my money back in my bank account?

  186. Mohit says:

    Received the mandate in Bhim UPI, accepted the mandate but saw the final status as failure in app. However received a message from my bank stating the mandate was successful and my money was blocked (Confirmed by bank). But still the Bhim app shows the mandate status as failure.

    Please help.

  187. RAJESH KUMAR GUPTA says:

    IN HFFC UPCOMING IPO THERE IS A SHAREHOLDER CATAGORY AND WHICH COMPANIES SHARE SHOULD AND WHEN

  188. pravin ambulgekar says:

    when i applied through share holder category then am not able apply for individual category .. can you help for this

  189. Jaya says:

    I have applied for SBI IPO, but as the mandate got failed. I had deleted that bid and placed another bid.
    This time I got the mandate and after accepting the mandate, it got failed “Due to insufficient funds”. Seems like amount got blocked for the previous transaction. In this case, when will the blocked amount get released?

    • Nitin says:

      I am facing the same issue. Mandate has failed on upi app, but amount is blocked.
      I tried deleting the bid to get back the amount but it didn’t work.

      • Mohit Mehra says:

        The bank is supposed to release the amounts when the applications are deleted. They run an end of day revocation for such blocks. If your funds aren’t unblocked for more than a day, you should approach your bank to get it released.

  190. Nitin says:

    The mandate failed on the Bhim UPI app, but amount is blocked from the account.
    I tried deleting the bid to get the amount back, but it didn`t work.

    What to do now?

    • Mohit Mehra says:

      In this case, you will have to reach out to the bank to get your funds unblocked. The bank is supposed to release it in real time.

  191. Ashis says:

    I am not at all getting UPI request from zerodha. 2days gone. Funny support. Not reachable at all.

    • Mohit Mehra says:

      The UPI mandate may be delayed from the bank. Zerodha submits your application to the exchange instantly. Subsequently, the exchange sends the request to the issuer’s bank to initiate a collect mandate request. You may delete and resubmit your bid if you haven’t received the mandate for the last two days.

  192. deepanshu says:

    Is Google Pay supported for IPO mandates now?

  193. Smitesh says:

    Why option of UPI id @hdfcbank not provided ? (okhdfcbank is provided)

  194. laxmikant soni says:

    Zerodha kite on web logout automatically…………… so many time login and logout automatic … bad for intraday traders

  195. Ajeet Singh says:

    I have applied for sbi IPO. Amount is blocked in my account as I completed all the steps. After one day I received an email from zerodha, that my application is cancelled. I want to know the reasons and when my money lein amount is going to credit back into my account?

  196. tangudu neelakantha says:

    i followed all the steps but i am not getting the mandate from bhim upi. whom should i contact? zerodha or bhim?

  197. Ram says:

    Today I have allotted sbi cards ipo lot 1 out of 2 (applied)
    I used paymemt zerodha upi with phonepe
    Today eve phone pe automatically processed and debited my blocked amount for one lot after 5hours again processed and again debited the not allotted lot amount also
    I dont understand this how can I get my money back

  198. gopal says:

    Hi, i have applied for SBI CARD IPO by UPI payment via zerodha. I did not get the allotment but the amount is still locked even though allotment is completed.
    Can someone tell me how to resolve this?

  199. R C SINGLA says:

    I had 13 shares of RIL and got 1 right entitlement and deposited application money for the same through ICICIDIRECT.
    Later purchase 275 right entitlement from the market and deposited application money on ICICIDirect online.
    Am I entitled to get firm allotment 275 shares.
    I am writing to you,sir,as I could not get satisfactory answer from concerned persons.

  200. mateti Srikanth says:

    Can i apply IPO with my zerodha equity balance

  201. JAI PRAKASH SINGH says:

    Failed to place order: Order placement failed. Please try again While Applying Rosaari IPO

  202. Arjun says:

    Why is this consistent ? can you fix this ASAP
    Failed to place order: Order placement failed. Please try again

  203. Dinesh says:

    Failed to place order: Order placement failed. Please try again While Applying Rosaari IPO

  204. Niranjan says:

    Order placement failed. Try again later.

    Have tried multiple times. The same message pops up. Please give a solution.

  205. Hashim says:

    Applied for the Rossari Biotech IPO on 14 July but did not get mandate request on UPI app for confirm payment.

    What should i do now ?

  206. akash maheshwari says:

    I DID NOT RECEIVE MANDATE REQUEST ON GOOGLE PAY,,,NOW WHERE CAN I CANCEL REQUEST AND MAKE FRESH REQUEST FOR FPO.. WHWERE IN CONSOLE I CAN SEE MY REQUEST STaTUS

  207. Mangesh says:

    I have applied for Yes bank FPO using ICICI upi. But i havent received UPI mandate in iMobile app yet. How to check if it has been sent successfully from Zerodha?

  208. Rambabu Annepu says:

    Upi limit is 50000/- , how to apply more shares (up to 2 lakhs.)

  209. Vaibhav Jain says:

    I’m facing same issue. ICICI imobile is not showing mandate.

  210. LUCKY KESWANI says:

    I had applied for Yes Bank IPO. I have approved the mandate on Bhim app but still the status is showing Request rejected by Sponsor bank as received after payment acceptance time although I had approved the same on 15th Jul 20. Kindly help what to do in this case as I want the allotment of Yes Bank shares through FPO.

    • vineet yadav says:

      same here, same status reflecting in my account even money has blocked from my icici account. did you get any clarity from zerodha? i tried to contact but no pick up after waiting so long

  211. Rohini says:

    I have applied for Yesbank FPO and I did not get any mandate . Also status is showing invalid UPI but its same UPI that I use to deposit money in Zerodha. Please check

  212. Prateek Katariya says:

    UPI got falied on my account I want a UPI request again for my application. However my application no. has been generated in console.

  213. Rohan Bagai says:

    Applied for ROSSARI didnt get upi mandate and lost the profit I could have get I blame zerodha for this. They should be the one to take care of their customers.

  214. Gokul says:

    Hi,

    Suppose my zerodha demat has icici bank linked with. But if i applied Ipo via zerodha with my other upi enabled bank. Will it be considered? Can i use any other banks upi id(my other personal savings acc) even if didnt linked with zerodha?

  215. Nagarajan says:

    I am not seeing mindspace REIT ipo in my console to apply. Any reason??

  216. Amardeep says:

    i have not received the mandate to approve for Yesbank fpo … however only received the SMS of allotment

  217. debjani says:

    I don’t want to have UPI ID. Can I purchase IPO? If yes then please let me know the procedure.

  218. ASK says:

    Till what time can i apply for an IPO on last day of subscription?

  219. Shusmita Parida says:

    if i want to buy ipo ,so should i keep balance in my zerodha account or my bank account?

  220. S keswani says:

    Can I apply for an IPO without the UPI? Can I just pay through my Zerodha account? or net banking?

  221. Deepak Gupta says:

    How many ipo request I can submit.
    Like if I have submitted one IPO request for 3 lots, can I apply again for addition 4 lots.
    So that I have ended with 7 lots.

  222. Stephen says:

    Hi Team

    i have request for Bid , Awaiting UPI request its already 5:30 still i have n’t received the UPI Payment Request

    Regards
    Stephen

  223. Utkarsh says:

    I have made a bidding on HM ipo but i have not yet recieved the mandate on my kotak bank upi id. It has been told by customer support that i need to delete the bid and bid again. I have done that too but i still see my status of bid request as pending. I have not recieved upi mandate or request on my kotak account. Need help.

  224. Bhaumik Katiyar says:

    If I update the IPO bid, what is the process? Will it be treated as a new bid?

  225. Anindya Maitra says:

    If I am not having an UPI ID, or a upi enabled smartphone , they how can I apply for an IPO and block funds in my bank account for that?

  226. Akshay Tarawade says:

    My bank account is debited through Google Pay UPI. But status on the Zerodha app shows ‘Rejected by investor Bank’. I had updated the UPI ID once.

  227. Nilesh wani says:

    I am bid Happiestmindset IPO on 07 sept I got mandate request on google pay I was accept it click on authorized button but after this status shown like awaiting fund withdrawal. And my console status is shows request accepted from sponsor bank and details shows receive request from sponsor bank. From my bank account amount is block (in lien balance). What I can do now

  228. slporwal says:

    i have upi id in union bank of india, @uboi that not shonw in list how can iapply for IPO
    also google pay upi @okicici not supported
    pls guide me waht i do

  229. Mayank Kanojia says:

    I mistakenly entered wrong UPI Pin and the Bid was closed, how do I reinitiate my payment. Because I don’t want to lose the bid.

  230. AT says:

    I mistakenly blocked the mandate amount thrice for same ipo ( happiest minds ) ..plz help what to do when and how i will get my excessive money my bank is clueless in this regard
    Plz help ..

  231. Prakash V says:

    I have applied for Happiest Mind IPO, using ICICI UPI
    On ICICI app, it shows request but does not respond when clicking on ‘proceed’ button. I am not sure if some step is pending from ZERODHA or is it ICICI app issue. Can some one pl help me know issue.

    I Called Zerodha multiple times but even after waiting for 20-25 mins no one picks up call. Have started using Zerodha very recently and it has been a very unpleasant experience

  232. shubha says:

    I applied for Happiest Minds IPO on 9-Sep. I received the UPI mandate on BHIM app. But, when I try to approve it, it is not going through. Nothing happens when I click “Proceed” button. After trying several times repeatedly, it shows the error message “ORIGINAL REQAUTHMANDATE NOT FOUND”. I have been trying to reach Zerodha in all kinds of channels, but I am not getting any solution to this so far.

    Zerodha support sucks. If you call, no one picks up the call and after 20 minutes or so, the call gets disconnected. It is not a toll free number that I can call up several times and hold on for 20 minutes to get the call disconnected. I am losing money in this platform, and on top of it losing additional money on phone calls. The support is pathetic. It is like they will respond when they want, not when you want it the most.

    Has anyone else faced the above error with UPI IPO mandate? How did you solve it?

    • Ajay says:

      I am getting the same error. No resolution till date.

    • Vijay Joshi says:

      Guys,
      those who are getting this error, can you tell which is your supported bank?

      I use Kotak 811, and try from BHIM UPI app and get the same error: “original reqauthmandate not found”

      Another friend of mine using Kotak salary account got the same error.

      When i tried using GPay, it would process but stop suddently ‘something went wrong’ or ‘authorisation failed’
      Therefore i started trying BHIM

    • Akhil says:

      The issue will be resolved in a matter of 2-3 hours. Do not decline the request. Just attempt approving the mandate request after a few hours.

  233. Manoj says:

    I’m also getting same error while trying to approve UPI mandate on BHIM. Error message ‘original reqauthmandate not found’. So, unable to approve UPI mandate. ANY HELP????

  234. Ahmad says:

    I am also getting same error “Org REQAUTHMANDATE NOT FOUND” (UM6).

    I applied via SBI UPI App.

    If many of us getting it, it could be Zerodha’s issue.

  235. Amir says:

    I have ordered an IPO but due to some technical issue while submitting for the bid I got the message with some error. But I received a mail with the Application Number generated then I cancelled that bid and submitted a new bid and it got successful and also a new application was generated. After Half an hour I got the mandate over my phonepe app to submit for auto payment. and I accepted that and the amount was blocked.

    After few minutes a received a new mandate to accept. Later I realized I had accepted the mandate for the cancelled application number.

    Please tell me the way to how to delete the auto payment as It can only be done from IPO end

  236. Uttam says:

    Unable to approve, I am getting the same message

  237. dhananjay says:

    sir, where can i see allotted shares of happiest minds

  238. MD FARHAN says:

    I applied for IPO i.e Happiest Mind Technology Solutions, didn’t get an allotment but my block fund aren’t released till date.

  239. Sauri Sankar Panda says:

    Lucky you got atleast manadate, i am still waiting for mandate request 🙂

  240. Thameem says:

    Dear,
    I submit CHEMCON IPO and it is connected BHIM UPI and i waiting for 2 hours still I did not get a mandate in BHIM UPI…but I receive msg from ZERODHA (Application is submitted)
    My question is the Application when I submit my “application submitted” that time onwards is confirmed?
    or When the mandate accepts through BHIM UPI code that time onwards confirmed?

  241. Seema Garg says:

    Hi ,
    I had applied for Chemcon IPO , to which I had approved the UPI request by Phonepe, The status is shown as request accepted by the sponsor bank while amount blocked is shown as ‘none’ . What does it mean? the amount is already not appearing in my bank statement.

  242. Viraj says:

    Applied for chemcon accepted mandate on gpay. But amount blocked staus is none and i am also able to tansfer the amount that i had kept for ipo. Should i request again ?

  243. Avishek Jaiswal says:

    Hi ,
    I have applied for Chemcon IPO. I accepted the mandate request via Google Pay. Now the UPI Status is showing Amount blocked as ‘None’, but Status is ‘Request Accepted by Sponsor Bank’.
    What does this scenario mean?
    Do I need to modify bid by deleting the application during IPO hours and re-apply my Bid again?
    Please respond urgently.#Matti

  244. Mohamed Jamal says:

    IPO payment – There is no Karur vysya bank UPI. Should I choose @allbank.

  245. Sarang says:

    Why only UPI payment option is given? I am waiting for upi request to come in my upi app for long time. This may result in failing IPO request and loss to customer. Netbanking is the best option as it happens real time.

    Not sure if I would receive this upi request and would be able to subscribe to IPOs.

    This is not correct method!

  246. Harvi Patel says:

    If i am applying IPO through Internet Banking what should i write in DP Name? Is it Zerodha Securities Pvt. Ltd. or Zerodha Broking Pvt. Ltd.? And if i have written wrong name will it affect IPO allotment??

  247. Amit Pal says:

    During applying for Chemcon IPO, there was some problem on BHIM app and the order was not approved that time. Then I deleted the order to create a new order. After sometime there was message from bank that the UPI mandate has been created. what to do in this case when UPI mandate was created after deleting the order?

    • Shivanand says:

      During applying for Chemcon IPO, there was some problem on BHIM app and the order was not approved that time. Then I deleted the order to create a new order. After sometime there was message from bank that the UPI mandate has been created. what to do in this case when UPI mandate was created after deleting the order?

    • Shivanand says:

      I got the same issue. If you found any solution please tell me.

  248. Bhushan Patil says:

    I have received ipo mandate request but I have no balance in my primary account which connects zerodha .
    Can I pay from my other account ?

  249. Shivanand says:

    I got the same issue. If you found any solution please tell me.

  250. DHRUBAJYOTI PAL says:

    I have applied for the Chemcon Ipo but i did not receive the mandate request. What should i do?

  251. Sangram says:

    I was applied for chemcon ipo , after 10 minutes applying I was recieved UPI request in phonepe and processed same . Money was blocked but when I check in console there message shows ” upi is not matched , request was not accepted” , money was not received back. What have to do?

  252. madhuri says:

    hi
    I have given my IDFC first Bank UPI id for CAMS and Chemcon IPO . My UPI mandate authorizations are failed and come to know that IDFC first bank do not support IPO.
    can u help in changing my UPI id , so that i can authorize new UPI mandate. i sent emails to support yesterday and today but no response

    • sijick says:

      This is not good !! Zerodha has tie-up with IDFC, and it is not supporting IPO through IPO. Now we need another account specially for IPOs !! Do you have a work around, Zerodha???

  253. dileeppg says:

    Very convenient but unreliable and costly in my experience so far – the UPI mandate process. 2 out of 4 IPO applications in the last month never went through even after multiple attempts with multiple upi addresses. I know its not Zerodha’s fault, but had to bring it up here. Receiving the allotment is a different thing, but I never had a single failed application in the pre-upi mandate days in the last 10 years applying through SBI ASBA route. If its not just me, some work is surely needed to improve the upi mandate reliability.

  254. Sudhir says:

    I had applied for IPO and now its status is ‘Rejected by Investor Bank’ and my amount is blocked.
    what should I do in this case?
    Please suggest.

  255. Kind Man says:

    Had applied for Chemcon IPO. The UPI mandate request was not received with the status saying rejected by sponsor bank due to an invalid UPI handle which is bullshit cos I have used the same UPI handle for other IPOs and it worked completely fine. There are definitely some technical glitches that need to be addressed at the earliest.

    • vineet yadav says:

      same here, same status reflecting in my account even money has blocked from my icici account. did you get any clarity from zerodha? i tried to contact but no pick up after waiting so long

  256. Gangi Reddy Suuda says:

    I have Applied for MAZDOCK. Got Amount request in Phonepay. I have accepted it and did the transaction. But the amount is not deducted and it is showing transaction pending.

  257. Pravin says:

    Same issue from last week…
    Last week not received the mandate request for both CAMS and Chemcon…

    Now all 3 IpO mandate request received but while proceeding, it give error ORiGINAL REAUTHMANDATE NOT FOUND..

    Plz help to solve this technical glitch..

  258. Pramod Patil says:

    I too getting error ORiGINAL REAUTHMANDATE NOT FOUND..
    From whose side this error is…….Zerodha or UPI or any other.

  259. Mr.Chandreshbhai jagabhai Jagani says:

    Refunded money not a/c belence .route mobale and happiness est

  260. Manish says:

    Original reqauthmandate not found. . Error generate please help. .

  261. PARUL GUPTA says:

    ipo problem original reqauthmandate not found

  262. Sidharth says:

    I am getting Original reqauthmandate not found since yesterday. I have deleted and added again. But not a solution even after app update.

  263. Jinesh says:

    Error – Original ReqAuthMandate not found.
    Tried several times but no solution.
    Please Zerodha Resolve the issue as tommorow is the last day for IPO Application.

  264. manjal says:

    Error – Original ReqAuthMandate not found.
    Tried several times but no solution.
    Please Zerodha Resolve the issue immediately. there is no support on the telephone as well no one is available

  265. G Sathi Reddy says:

    Error – Original ReqAuthMandate not found.
    Tried several times but no solution.
    Please Zerodha Resolve the issue as tommorow is the last day for IPO Application.

  266. Pushkar says:

    Error – Original ReqAuthMandate not found.

    Same here, tried for Mazagon and then for Likhitha. I cancelled the bid and entered again and same msg.

  267. Shobha Agarwal says:

    During payment for ipo, it shows error: original reqauthmandate not found. Please, solve the issue.

  268. Vinay Rane says:

    Error – Original ReqAuthMandate not found.

    Same here, tried for Mazagon and then for Likhitha. I cancelled the bid and entered again and same msg.

    • Sachin says:

      I had the same error using BHIM upi for Mazagon and every time I tried during the whole day it was generating the same error, but fortunately when I tried once again in the night, it worked and there was no problem with the mandate and the amount also got blocked. So may be patience and trying would help, have no other solution as such to the problem, best luck to try

  269. Vishal Kadali says:

    Zerodha may be a good app for trading, but not at all for IPO.
    I applied for Chemcon IPO from Zerodha app, after applying the notification came on BHIM UPI app for me to approve the payment, I did the same and got a confirmation that required amount has been blocked, after a while, I got another msg saying that the application has been revoked as per my request, whereas I didn’t make any such request to revoke the application. Since, it was last day of IPO I could not re-apply and lost the opportunity.
    I tried the app again for Mazdock IPO and now getting error of “Orignial ReqAuthMandate Not Found” as per previous msgs from other users, they have been facing similar issues in the past and they aren’t resolved yet.
    Not using Zerodha again for IPO

  270. Jalees Ahmed says:

    I am also facing the ‘original reqauthmandate not found’ error. Can someone please help here?

  271. shalini says:

    It is very annoying there are only same question but no answer found from zerodha.

  272. SHAHZAD MANSURI says:

    SAME PROBLEM FACING

  273. Ankit says:

    ‘Original ReqAuthMandate Not Found’ is not a Zerodha issue. It is happening with a Sharekhan user (friend) also. Seems to me as a UPI issue!

  274. Het says:

    During payment for ipo, it shows error: original reqauthmandate not found. Please, solve the issue.

  275. Sumit Dharmani says:

    getting error ORiGINAL REQAUTHMANDATE NOT FOUND..
    From whose side this error is…….Zerodha or UPI or any other.

  276. Abhinav Sharma says:

    For Mazagon dock IPO….on BHIM UPI App i am getting the error ‘ Original Requeathmandate not found’ when I approve the mandate request. Please help.

  277. Anil says:

    I am facing same issue, any solution/workaround?

  278. Saurabh says:

    I am also getting the same error. Tried so many times. Original Requeathmandate not found

  279. Sreenaath says:

    Mandate keeps on failing in different apps. Gpay “Something went wrong”, BHIM “Original Reqauthmandate not found”?

  280. Sriram TR says:

    Facing the same issue with Share Khan.I think this is an issue with all IPO trading accounts .I tried with BHIM and Google pay both.I get Authorization failed on both.

  281. Sunil Patil says:

    I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from UPI.

    Can you please let me know the solution.

  282. Manjari Gupta says:

    Getting Same error “original reqauthmandate not found” while accepting the mandate. Pls help tried 2-3 times by deleting BID but on luck

  283. Umesh says:

    I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from UPI.

  284. Suraj says:

    Same issue with me regarding the error “ORIGINAL REQAUTHMANDATE NOT FOUND”. This happened to me during the previous IPOs of CAMS, Angel Broking and CHEMCON. I tried through PhonePe app. Missed that opportunity. Tried using the BHIM app for UTI AMC IPO. Now same issue. Seems to be a Zerodha issue I guess. Any help on this topic appreciated.

    Regards

    • Dheeraj says:

      I was also facing the “Original REQAUTHMANDATE” issue on Bhim app but looks like it got resolved now as I have approved the Upi mandate for Mazagon and Likhita IPO just now after receiving the sms from NSE.

  285. Harsh says:

    I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from BHIM UPI

  286. Vishwajeet Rajawat says:

    I am also facing same error ORIGINAL REQAUTHMANDATE NOT FOUND? while approving from BHIM UPI. Why?????

  287. Deepak says:

    I am also getting the same problem

  288. AMIT KHARABE says:

    HI Zerodha Team,

    Applied for Mazgaon Doc IPO today through BHIM UPI….after submitting from UPI App it showing ” ORIGINAL REQAUTHMANDATE NOT FOUND”
    whats the solution? resolve this at earliest as want to subscribe for same IPO.

  289. vinay says:

    @Zerodha, could you please answer the quires

  290. Jai says:

    During payment for Mazagaon Dock Shipbuilding and UTI AMC ipo, it shows error: “original reqauthmandate not found” on BHIM UPI app. Please, solve the issue ASAP as amount is not getting blocked.

  291. Devesh says:

    I went to approve the mandate in Google Pay, it got failed. Now have deleted my bid on Zerodha.
    Kindly suggest if I should put another bid and try again

  292. Juby says:

    During payment for Mazagaon Dock Shipbuilding and UTI AMC ipo, it shows error: “original reqauthmandate not found” on BHIM UPI app. Please, solve the issue ASAP as amount is not getting blocked.

  293. Aman says:

    I have been applying for Mazgaon doc IPO.Nothing happens when I click “Proceed” button in BHIM App. After trying several times repeatedly, it shows the error message “ORIGINAL REQAUTHMANDATE NOT FOUND”.

  294. Dipankar Gandhi says:

    original Reqauthmandate not found since two days im getting this msg. tomorow is last day for ipo
    pls help

  295. Kushal says:

    I am getting same error. I have tried multiple times. Can someone from zerodha post the solution here?

  296. Umang says:

    I stumbled across the following error on the BHIM app while applying for IPO: “original Reqauthmandate not found”.

    Can Zerodha help me on this?

  297. Harsh says:

    Guys who all are using BHIM and getting error . please try again. it is getting accepted now. kindly check once.

  298. Adaita says:

    A possible fix is not to approve the mandate as soon as you get the notification. Wait for an hour after you receive the mandate notification and then approve the mandate.

  299. Suraj says:

    Yes guys, the mandate is now being accepted on BHIM. Please try again.

  300. Ranvijay says:

    Yes its working now on BHIM

  301. Kishore says:

    I have got the Mandate request and successfully authorized in my Googlepay and my amount in Bank also Blocked. But its showing Amount Blocked:0.00 and Request Pending in Zerodha IPO status.

  302. UMESH NAMDEO says:

    For MAZDOC IPO, while application submission, message kept on appearing UPI not verified, although 3 different UPI were fed. Application could not be made.
    Please help to identify the problem.
    Is it required THAT THE BANK ACCOUNT MUST BE IN SINGLE NAME (and not a joint account).

  303. Aravind says:

    I have applied using PhonePe’s VPA yesterday afternoon and I still have not received mandate request. What should I do? I will appreciate any help in this regard.

  304. Devemdra says:

    Hi All, i really frustrated with Zerodha services and Sales manager ( ATUL)…i have raised many tickets and 10 times called and sent many emails ..but not response looks like Zerodha thinks that they are only service providers in India..

    even my many friends face the same issue…they are strugling while applying IPO..mandate is not coming on time…

    No one from Zerodha to Help us…specially Sales executive have their own attituded.

    Zero + Dha means Zerodha…this is what they are.. earing 200 Rs from each .

    Thanks
    Devendra

    • Matti says:

      Hey Devendra, the IPO UPI mandate is sent by the sponsor banks and we don’t have any control or visibility into this process, I’m afraid.

  305. Abhishek Mitra says:

    I have applied for Mazagon Dock IPO from kotak upi.Amount got blocked.But zerodha showing status amount blocked -NONE
    IT has been two days.I have called my bank.They are saying amount blocked but not sure if my bidding was successful.

  306. Priti says:

    Dear Team,

    UPI status
    Amount blocked
    None

    Status
    Rejected by Investor

    Details
    The block collect request has expired.
    what does this mean? was the application not submitted correctly?

  307. Ambika says:

    Not sure on this, but it is the same status for me as well..

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