Choose your best technical tools for intraday trading |Mirae Asset Sharekhan

Mirae Asset Sharekhan Blog

All you need to know about How to apply for an IPO?

  • May 15, 2025

 Since all clients must be registered UPI users, Sharekhan's online IPO investing through UPI is always the favoured method. However, if you aren't signed up for any UPI apps, you still have the option to apply for an IPO through Sharekhan using net banking or the ASBA (Applications Supported by Blocked Amount) procedure. To learn everything there is to know about the Sharekhan IPO application process, fees, demo, and investment platform, scroll down the page.

Apply for Sharekhan IPO using UPI

Through the UPI procedure, you may apply for an IPO online with Sharekhan. To properly make an online IPO purchase, follow a few key steps in a fairly straightforward process. Either the Sharekhan website or the Sharekhan mobile app may be used to carry it out (www.sharekhan.com).

Through the Sharekhan website or the Sharekhan mobile app, users can apply for an IPO.

  • Select "IPO" from the menu.
  • You may see a list of current and upcoming IPOs here.
  • Choose your favourite IPO and enter the required information, including the UPI ID, category, number of shares, and Demat account number.
  • Press the "Submit" button after reading the terms and conditions.
  • Recheck all of the information you entered, then click the "confirm purchase" button.
  • In the "My mandate" section of the BHIM UPI App, check the mandate that was sent. To approve the payment, enter the UPI PIN. You will shortly get a notification confirming that your application for the IPO was submitted successfully.

IPO Demo for Sharekhan

You may view free IPO application demo videos from Sharekhan on its YouTube channel, including ones on creating UPI IDs, applying for IPOs using the Sharekhan app and website, and authorizing IPO mandates.

Fees for the Sharekhan IPO

Nil, you read that correctly. There are no fees associated with using Sharekhan to apply for an IPO. To be clear, however, you will be charged the appropriate brokerage fees anytime you sell IPO shares from your Demat account.

Application for Sharekhan IPO without UPI or ASBA Process

You must create a UPI ID to submit an IPO application using UPI. The way to apply for an IPO online with Sharekhan without UPI is ASBA or net banking if you are not a current UPI subscriber.

How to apply for IPO in Sharekhan without using UPI

  • Log in to your online banking account at a bank like HDFC, ICICI, SBI, Axis, etc.
  • Look it up in the "IPO" section and choose it.
  • Select the desired IPO from the list of active IPOs.
  • Enter the lot size, the number of shares, the IPO price, and other information.
  • Currently, enter the Sharekhan Demat account number.
  • Verify and confirm all the information you submitted.
  • Your bank account will have the money from your IPO application frozen after your order has been successfully made.
  • On the allotment day, you may check to see if shares have been allocated or not. If they have, the blocked funds will be released; if not, they will be deducted, and the shares will be allocated to your Sharekhan Demat account.

IPO Investment Platform Sharekhan

  • Mobile application Sharekhan:  The Sharekhan app is a popular IPO platform because it enables users to easily make online IPO orders at their fingertips or utilize investment-on-the-go services from any location in the world.
  • Website: Online IPO application services are made possible through the Sharekhan website, sharekhan.com, a web-based platform accessible through any browser. Customers can use the web platform and submit IPO applications by logging in with their Sharekhan account login credentials.

These are the platforms through which IPO can be applied through Sharekhan.

OPEN FREE* DEMAT AND TRADING ACCOUNT IN 15 MIN**

Limited Period Offer

Recent posts

What are the New Rules for Derivatives Trading in Individual Stocks

Oct 3, 2025

The Sensex and Nifty50 have outperformed most major interna

Read More

Why do we need to open a demat account?

Sep 18, 2025

Prior to 1996 in India, shares were bought, stored and sold as physical certificates. With the setting up of National Securities Depository Limited, share trading became online, allowing shares to be traded in an electronic form. This is where the

Read More

New Investment Frauds and How to Never Fall Victim

Sep 17, 2025

In recent times, some new trends have emerged alarmingly in investment frauds. Let’s look at them and learn how to stay safe from such new-age risks.

Read More

Preventing Unsolicited Commercial Communication in line with TRAI’s TCCCPR 2018

Sep 16, 2025

In compliance with CDSL’s notification dated May 22nd, 2024, regarding measures to curb misuse of SMS headers and content templates we are here to help you protect yourself from unsolicited commercial communication UCC and potential fraud here's a

Read More

How to identify and avoid scams

Aug 13, 2025

In financial services and broking, a lot of private information is shared among investors, exchanges, and depository participants. However, all this information is also extremely vulnerable to cybercrime attacks in the forms of a scam or a phishin

Read More
Team Mirae Asset Sharekhan
by Team Mirae Asset Sharekhan

Guiding Wealth Creation since 1995

We've been ranked as India’s No. 1 Retail Broker by Asiamoney Brokers Poll 2023. Here, we bring you the latest in the world of Trading and Investments in our effort to Make the Markets work for YOU!

Recent posts

What are the New Rules for Derivatives Trading in Individual Stocks

3 Oct 2025

The Sensex and Nifty50 have outperformed most major interna

Read More

Why do we need to open a demat account?

18 Sep 2025

Prior to 1996 in India, shares were bought, stored and sold as physical certificates. With the setting up of National Securities Depository Limited, share trading became online, allowing shares to be traded in an electronic form. This is where the

Read More

New Investment Frauds and How to Never Fall Victim

17 Sep 2025

In recent times, some new trends have emerged alarmingly in investment frauds. Let’s look at them and learn how to stay safe from such new-age risks.

Read More

Preventing Unsolicited Commercial Communication in line with TRAI’s TCCCPR 2018

16 Sep 2025

In compliance with CDSL’s notification dated May 22nd, 2024, regarding measures to curb misuse of SMS headers and content templates we are here to help you protect yourself from unsolicited commercial communication UCC and potential fraud here's a

Read More

How to identify and avoid scams

13 Aug 2025

In financial services and broking, a lot of private information is shared among investors, exchanges, and depository participants. However, all this information is also extremely vulnerable to cybercrime attacks in the forms of a scam or a phishin

Read More
OPEN FREE* DEMAT ACCOUNT