How to apply for LIC IPO through Zerodha via UPI ID

LIC’s IPO is set to be the biggest India has ever seen with the government planning to raise ₹20,557 crore through the issue by giving up just a 3.5 percent stake. Public can apply for an IPO via various means. Here’s how to apply for LIC IPO through Zerodha.

To apply for LIC IPO using Zerodha, visit console.zerodha.com/dashboard and click on Portfolio and then IPOs. Then Select the IPO you want to apply for from the list of open issues. (Reuters)

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1/5 To apply for LIC IPO using Zerodha, visit console.zerodha.com/dashboard and click on Portfolio and then IPOs. Then Select the IPO you want to apply for from the list of open issues. (Reuters)

Enter your UPI ID. The user should make sure that the UPI ID is mapped to their own personal account. The IPO application can be rejected if the person who is applying is different from the one whose bank account is being used to apply. (Pixabay)

2/5 Enter your UPI ID. The user should make sure that the UPI ID is mapped to their own personal account. The IPO application can be rejected if the person who is applying is different from the one whose bank account is being used to apply. (Pixabay)

Then place your bid and select the investor type for your application. If you wish to apply at the cut-off price, simply click on the checkbox next to Cutoff-price. (Reuters)

3/5 Then place your bid and select the investor type for your application. If you wish to apply at the cut-off price, simply click on the checkbox next to Cutoff-price. (Reuters)

Once you’ve completed all these steps, confirm that you have read the RHP and other documents and click on submit and then accept the mandate request on your BHIM UPI App. (HT File Photo)

4/5 Once you’ve completed all these steps, confirm that you have read the RHP and other documents and click on submit and then accept the mandate request on your BHIM UPI App. (HT File Photo)

Once you have completed all the steps, you will receive an SMS from the exchange confirming your application. Additionally, you can check the status of your order by selecting the IPO you have applied for and your last updated bids will be visible. (Google )

5/5 Once you have completed all the steps, you will receive an SMS from the exchange confirming your application. Additionally, you can check the status of your order by selecting the IPO you have applied for and your last updated bids will be visible. (Google )