Zomato IPO: Here's how to invest via Upstox, Zerodha, Paytm Money

Zomato IPO: Investors with high-risk appetite should subscribe for listing gains

Broking firms like Upstox, Zerodha, among others offer the option of investing in IPOs through their platform.

Step 1: Login to the Upstox application or website with your credentials.

Step 2: Select the IPO that you want to invest in and create an IPO application.

Step 3: Add up to 3 bids within the price range.

Step 4: Confirm your application.

Step 5: Accept the UPI mandate and block funds on your mobile UPI app.

Step 1: Login to the mobile app and select the IPO option under the console.

Step 2: Select the IPO you want to invest in.

Step 3: Enter your UPI ID from the BHIM app

Step 4: Select investor type for your application and enter the lot size announced by the company.

Step 5: Tick on the cut-off price for more chances of allotment of shares.

Step 6: Confirm and submit. Accept the mandate request for proceeding with IPO on your BHIM UPI app.

Additionally, digital brokerage platform Paytm Money is now letting users apply for Initial Public Offerings (IPO) before the actual IPO Opening in the markets. Zomato’s IPO is the first to be launched on Paytm Money with this feature and the platform has already received thousands of orders over the last two days.

This new feature allows users to place orders for IPOs throughout the week. The order placed will be recorded in the company’s system and will be sent across to the stock exchange for processing whenever the IPO opens and the users will be notified about the application process throughout the journey.