Apply for IPOs using UPI

August 6, 2019
Console, Console

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.

The 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 any UPI 2.0 enabled app 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 DRHP. 

Details of the issue

Enter your UPI ID. 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). 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.

Enter the bid price and 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

 

You can see a list of all the upcoming IPOs here on the NSE website.

 

Happy Investing,

Matti

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

301 comments

  1. Arghya Dutta says:

    Wonderful !

    • Piyush says:

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

    • 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).

  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?

  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 ?

Post a comment