How to apply IPO In FYERS

IPO (Initial Public Offering) is great opportunity for investors to buy shares directly from the company. If you are FYERS Demat Account Holder, you may easily apply.

To apply in IPO in fyers there are two-way Desktop and Mobile App. Using the UPI ID, you may apply into the IPO. In this article you will know step by step process.

What will you need before applying in IPO on FYERS

• A active Demat and trading account in FYERS,
• A Sufficient Balance in your Bank Account,
• A active UPI Id for the same linked bank account.

Step 1: Log in to Your FYERS Account –

Login into FYERS Mobile App or Desktop Platform as required.

Step 2: Navigate to the IPO Section –

Desktop - Click on Grid Menu Icon (9 Dots), A POP will appear go to investment and click on “FYERS IPO”.

Mobile - Login to App, click on Products in App menu, Scroll down find “IPO” then click.

Step 3: List of IPOs-

1. Here you will find list of IPOs, Ongoing, Upcoming and Closed IPOs.
2. Go to the Ongoing and find the Company Name which want you apply.
3. Click on “Apply Now” Button

Step 4: Fill the Forms

Now a form will appear, here some details are pre-filled and some details you have to filled, refer to the below screenshot-

• Client ID – Pre-filled
• Pan Card - Pre-filled
• Mobile and Email: Pre-filled
• Price – Optional you may enter as per your requirements
• Bid Quantity - Optional you may enter as per your requirements
• Amount - Pre-filled
• Enter the UPI applicant UPI ID – mandatory
• Apply As - Mandatory, select which one suits you.

Now click on the checkbox “I hereby verify all the details filled are correct” and Apply Now.

Step 5: Confirmation Screen

Now a confirmation screen will be appear and if you want then you may delete, or modify the application as per your requirements.

Step 6: UPI Mandate

Now you will receive the UPI mandate request on the UPI apps such as PhonePe, Google Pay, or Paytm etc, You can approve the UPI mandate anytime before 5:00 PM on the last day of the IPO closing date.

FYERS IPO Application F&Qs

Qustion 1: - I had Applied in IPO in FYERS but not recived the UPI Mandate what to do?

Answer:-  If you had applied the beyond the market timing or non-trading days Kindly wait for open the market, another condition that if you had applied in open market timing but if you have waited from more than 1 hrs. then you may talked with customer care or cancel the previous bid and apply again the same IPO.

Question 2:- What is the UPI Mandate timing in FYERS?

Answer:- UPI Mandate timings are Mon – Fri between 10 AM to 5 Pm. You can approve the UPI mandate between this time.

Question 3:- Can I modify or cancel my IPO application in FYERS?

Answer:– yes, You may modify or delete the IPO Application in FYERS before 5:00 PM of the closing the IPO date.

Question 4:- Can I apply multiple IPOs in FYERS ?

Answer:– Yes, you can apply the multiple IPOs in FYERS during subscription date, Just make sure you have to maintain sufficient funds in your bank account.

Question 5:- Can I apply SME IPOs from FYERS?

Answer:– Yes, you may also apply in SME IPO as using same method like mainboard IPO.

Question 6:- What is the “cut-off price” option for IPO in FYERS?

Answer:- This is the final price which decided by the company for share allotment, we advised to retail investors to select this option to increase allotment chances.