How to Apply for IREDA IPO on Groww, Zerodha, and Upstox

The IREDA IPO has generated significant interest among investors, and if you’re looking to participate, it’s essential to know how to apply for it on different platforms. In this blog, we will walk you through the step-by-step process of applying for the IREDA IPO on three popular investment platforms: Groww, Zerodha, and Upstox.

Also See: IREDA IPO GMP

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How to buy IREDA IPO On Groww:

Step 1: Complete the Preliminary Process

  • Start by registering on the Groww app.
  • Open a demat-cum-trading account if you don’t already have one.
  • Complete the KYC verification as per regulatory requirements.

Also Read: How to open trading account in Upstox online

Step 2: Access the IPO Section

  • Open the Groww App on your smartphone.
  • Scroll down on the stocks tab to find and click on the “IPO” section.

Step 3: Select the IPO

  • You will see a list of live IPOs, upcoming IPOs, and those that have closed.
  • Choose the IREDA IPO if it’s live or upcoming.

Step 4: Specify the Number of Lots

  • On the IREDA IPO page, enter the number of lots you wish to apply for.

Step 5: Provide UPI ID

  • You will be prompted to provide your UPI ID.
  • Follow the instructions to complete the process on your UPI app.
  • The funds will be blocked from your linked bank account.

Step 6: Check Application Status

  • The status of your IPO application can be viewed next to your application number in the same section.

Also Read: IREDA Makes History with First Public Sector IPO in Renewable Energy Financing

How to buy IREDA IPO On Zerodha:

Step 1: UPI App

  • Start by applying for the Indian Renewable Energy Development Agency(IREDA) IPO using any supported UPI app.

Step 2: Bid on Kite by zerodha

  • Log in to your Zerodha account and access the Kite trading platform.

Step 3: Enter Your Bid

  • Enter your bid for the IREDA IPO on the Kite platform.

Step 4: Accept UPI Mandate

  • Accept the UPI mandate on your mobile phone.
  • Once accepted, the bid amount will be blocked in your bank account.

Also Read: Six Prominent Firms, Including Tata Tech and IREDA, Set to Ignite Indian IPO Market, Aiming for Rs 7,400 Crore

How to buy IREDA IPO On Upstox:

Step 1: Pre-Apply

  • Pre-apply for the IREDA IPO, which typically opens a day before the subscription period begins.

Step 2: Login and Access ‘Discover’

  • Log in to your Upstox account using your six-digit PIN.
  • After logging in, click on the ‘Discover’ tab.

Step 3: Find ‘Invest in IPO’

  • In the ‘Discover’ section, locate the ‘Invest in IPO’ option.

Step 4: Select IREDA IPO

  • Under the ‘Invest in IPO’ section, find the ‘IREDA IPO’ tab and click on ‘Apply‘.

Step 5: Fill in Required Information

  • Complete all the necessary information, including the bid price and lot size.

Step 6: Pre-Apply

  • Confirm your details and click on ‘Pre-Apply’.

Step 7: Accept UPI Mandate

  • Accept the UPI mandate on your UPI app as prompted.

Step 8: Apply during Subscription Period

  • Once the public issue opens for subscription, you can apply by following the same steps as above.
  • This time, click on ‘Apply’ instead of ‘Pre-Apply’ in the final step.

Also See: IPO Subscription Status Live Today

IREDA IPO

Conclusion:

Each of these investment platforms offers a unique process for applying for the IREDA(Indian Renewable Energy Development Agency) IPO. By following the step-by-step instructions provided for each platform, you can ensure a smooth and hassle-free application process. Be sure to keep an eye on the IPO opening and closing dates to apply within the specified timeframe. Happy investing!

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Disclaimer: The information provided on this website is for informational purposes only and should not be construed as financial or investment advice. Users are advised to do their own research and consult a qualified financial advisor before making any investment decisions.
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