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How to Apply for an IPO in Zerodha 2026
India's largest discount broker — ₹0 equity delivery, flat ₹20 intraday/F&O and the clean, reliable Kite platform.
Discount Broker Clients: ~1.6 crore Since 2010 NSE · BSE · MCX
4.5/5
IPO investing with Zerodha
Zerodha customers can apply for both mainboard and SME IPOs online through Kite using UPI, at no extra charge. You only pay brokerage and statutory charges when you later sell the allotted shares.
How to apply for an IPO in Kite
- Log in to Kite and open Bids → IPO.
- Select an open IPO and tap Apply.
- Enter your UPI ID, quantity and price (tick the cut-off price if applying in the retail category).
- Submit the bid — a UPI mandate request is sent to your bank/UPI app.
- Approve the mandate before the cut-off; the amount is blocked, not debited, until allotment.
If you do not approve the UPI mandate before the cut-off time, the application is rejected and no funds are blocked. Allotted shares are credited to your Zerodha demat account.
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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.
Frequently Asked Questions
No. Applying for an IPO through Zerodha is free. You only pay the usual brokerage and statutory charges when you later sell the allotted shares.
In Kite, open Bids → IPO, choose the IPO, enter quantity and price (tick cut-off for retail), submit, then approve the UPI mandate in your bank/UPI app before the cut-off time.
Yes. Zerodha supports both mainboard and SME IPO applications through the same UPI-based process in Kite.