How to Apply for an IPO in Angel One
A full-service broker offering flat ₹20 discount-style pricing, in-house research and one of India's largest branch networks.
Angel One customers can apply for mainboard IPOs online at no extra charge, either through the UPI route inside the Super App or via their bank's ASBA net-banking facility. You only pay brokerage and statutory charges when you later sell the allotted shares.
The most common reason applications fail is the UPI mandate: once you submit the bid, a mandate request lands in your UPI app and you must approve it before the cut-off, otherwise the application is rejected and no funds are blocked. Note that Angel One does not offer trading in SME shares, so check current SME IPO support before relying on it.
IPO investing with Angel One
Angel One customers can apply for mainboard IPOs online at no extra charge, using either the in-app UPI route or their bank's ASBA net-banking facility. You only pay brokerage and statutory charges when you later sell the allotted shares.
| Facility | Available |
|---|---|
| IPO application through the app/website | ✔ Yes |
Apply for an IPO using UPI (in-app)
Log in to the Angel One app or website and open the IPO section.
Choose an open IPO and tap Apply.
Enter your UPI ID, investor type, quantity and price (tick the cut-off price for retail).
Submit the bid — a UPI mandate arrives in your UPI app within two hours.
Approve the mandate in your bank/BHIM app; the amount is blocked, not debited, until allotment.
Apply using ASBA net banking
Log in to your bank's net banking and open the IPO/ASBA section.
Select the IPO and enter your Angel One demat account number (BO ID).
Enter investor type, quantity and price, then confirm — the amount is blocked until allotment.
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