{"id":18162,"date":"2026-07-03T11:52:11","date_gmt":"2026-07-03T11:52:11","guid":{"rendered":"https:\/\/navia.co.in\/blog\/?p=18162"},"modified":"2026-07-03T11:52:12","modified_gmt":"2026-07-03T11:52:12","slug":"how-to-apply-for-an-ipo-through-upi","status":"publish","type":"post","link":"https:\/\/navia.co.in\/blog\/how-to-apply-for-an-ipo-through-upi\/","title":{"rendered":"How to Apply for an IPO Through UPI: A Complete Guide for Retail Investors"},"content":{"rendered":"<ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-upi-based-ipo-application-core-definitions-and-mechanics-3\">UPI-Based IPO Application \u2014 Core Definitions and Mechanics<\/a><ul><li><a class=\"aioseo-toc-item\" href=\"#aioseo-key-features-of-upi-based-ipo-applications-7\">Key Features of UPI-Based IPO Applications:<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-how-the-upi-mandate-process-works-step-by-step-16\">How the UPI Mandate Process Works \u2014 Step by Step<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-historical-ipo-examples-how-the-upi-process-has-played-out-30\">Historical IPO Examples \u2014 How the\u00a0UPI Process Has Played Out<\/a><\/li><\/ul><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-what-to-check-if-your-application-was-rejected-32\">What to Check if Your Application Was Rejected?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-how-to-read-an-ipo-listing-before-you-apply-34\">How to Read an IPO Listing Before You Apply?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-what-this-means-for-retail-applicants-37\">What This Means for Retail Applicants?<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-mistakes-to-avoid-43\">Mistakes to Avoid<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-conclusion-58\">Conclusion<\/a><\/li><li><a class=\"aioseo-toc-item\" href=\"#aioseo-frequently-asked-questions-60\">Frequently Asked Questions<\/a><\/li><\/ul>\n\n\n<p class=\"wp-block-paragraph\">Many <a href=\"https:\/\/navia.co.in\/ipo-account\" title=\"\">IPO<\/a> applications are rejected due to simple, avoidable errors, such as entering incorrect details or not approving the UPI mandate on time. Today, IPO applications begin with a UPI ID\u2014not a bank account number or cheque\u2014because the process is routed through UPI under SEBI\u2019s ASBA framework. Understanding how this process works can help investors apply with confidence, protect their funds, and avoid errors that may lead to rejection.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In this blog, we break down the IPO application journey, from&nbsp;submitting&nbsp;your bid to approving the UPI mandate and receiving allotment updates. You will also learn the key checks to complete before applying, so your application is processed smoothly.&nbsp;<\/p>\n\n\n\n<h2 id=\"aioseo-upi-based-ipo-application-core-definitions-and-mechanics-3\" class=\"wp-block-heading has-text-color has-link-color wp-elements-f8394b71e98e3178164a5ffdec121285\" style=\"color:#023368\"><strong>\u00a0UPI-Based IPO Application \u2014 Core Definitions and Mechanics\u00a0<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Applying for an IPO through UPI is part of the <a href=\"https:\/\/ipoforms.nseindia.com\/issueforms\/html\/index.jsp\" title=\"\">ASBA<\/a> (Application Supported by Blocked Amount) system. When you\u00a0submit\u00a0an application, your funds are not transferred anywhere \u2014 they are blocked in your own bank account. If you receive an allotment, the blocked amount is debited. If you\u00a0don&#8217;t, the block is lifted automatically.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This is different from older offline methods where investors would issue cheques or&nbsp;initiate&nbsp;bank transfers \u2014 and then wait for refunds that could take 10\u201315 days.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Feature<\/strong><\/th><th><strong>UPI-Based (ASBA)<\/strong><\/th><th><strong>Offline Method (Pre-2019)<\/strong>\u00a0<\/th><th><strong>What It Means for Investors<\/strong>\u00a0<\/th><\/tr><\/thead><tbody><tr><td><strong>Funds transferred upfront?<\/strong>&nbsp;<\/td><td>No. Funds are blocked in the investor&#8217;s bank account.&nbsp;<\/td><td>Yes. Funds were debited at the time of application.&nbsp;<\/td><td>Under ASBA, funds&nbsp;remain&nbsp;in the investor&#8217;s bank account until the allotment process is completed.&nbsp;<\/td><\/tr><tr><td><strong>Interest on funds<\/strong>&nbsp;<\/td><td>Savings&nbsp;account interest may continue to&nbsp;accrue&nbsp;on the blocked amount, subject to the bank&#8217;s terms and conditions.&nbsp;<\/td><td>Since funds were debited, savings account interest did not continue on that amount.&nbsp;<\/td><td>Investors continue to&nbsp;retain&nbsp;funds in their bank account during the ASBA process.&nbsp;<\/td><\/tr><tr><td><strong>If shares are not allotted<\/strong>&nbsp;<\/td><td>The blocked amount is released&nbsp;in accordance with&nbsp;the applicable ASBA process.&nbsp;<\/td><td>Refunds were processed after the allotment process.&nbsp;<\/td><td>ASBA removes the need for a separate refund process.&nbsp;<\/td><\/tr><tr><td><strong>Risk of payment errors<\/strong>&nbsp;<\/td><td>Reduced due to the digital UPI mandate process.&nbsp;<\/td><td>Manual payment methods could involve a higher possibility of processing errors.&nbsp;<\/td><td>Digital processing helps&nbsp;minimise&nbsp;manual payment-related errors.&nbsp;<\/td><\/tr><tr><td><strong>Maximum retail application limit<\/strong>&nbsp;<\/td><td>Up to \u20b92,00,000 (Retail Individual Investor category, as per applicable regulations).&nbsp;<\/td><td>Up to \u20b92,00,000.&nbsp;<\/td><td>The retail investment limit&nbsp;remains&nbsp;unchanged.&nbsp;<\/td><\/tr><tr><td><strong>Who processes the application?<\/strong>&nbsp;<\/td><td>The application is processed through the broker or bank, while the UPI mandate is handled through the investor&#8217;s bank and NPCI.&nbsp;<\/td><td>Applications were&nbsp;submitted&nbsp;through the bank branch or broker using physical forms.&nbsp;<\/td><td>The IPO application process is completed digitally under the UPI-ASBA framework.&nbsp;<\/td><\/tr><tr><td><strong>Paperwork<\/strong>&nbsp;<\/td><td>No physical forms are&nbsp;required.&nbsp;<\/td><td>Physical application forms and&nbsp;cheques&nbsp;were&nbsp;generally required.&nbsp;<\/td><td>The application process can be completed digitally.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h3 id=\"aioseo-key-features-of-upi-based-ipo-applications-7\" class=\"wp-block-heading has-text-color has-link-color wp-elements-26d1e085468c42d032207104b92339a2\" style=\"color:#ec4d37\"><strong>Key Features of UPI-Based IPO Applications:<\/strong>\u00a0<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;In&nbsp;summary, here is what sets the UPI-ASBA route apart for retail investors:&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 No upfront transfer \u2014 amount only blocked in your bank account&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Fully paperless and digital from start to finish&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Regulated by SEBI under the ASBA framework&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Available through brokers, bank apps, and investment platforms&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Suitable for retail investors applying up to \u20b92 lakh per IPO&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Funds continue to earn savings account interest while blocked&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd39 Applicable across mainboard, SME, and rights issue subscriptions<\/p>\n\n\n\n<h3 id=\"aioseo-how-the-upi-mandate-process-works-step-by-step-16\" class=\"wp-block-heading has-text-color has-link-color wp-elements-1d32322525b780119c5a4671a00e00ef\" style=\"color:#ec4d37\"><strong>How the UPI Mandate Process Works \u2014 Step by Step\u00a0<\/strong>\u00a0<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The application process relies on two things working together: your investment platform and your UPI-enabled bank account. Understanding each step prevents the most common rejection errors.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 1: Open your broker, bank, or investment app\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Launch any SEBI-registered platform like  <a href=\"https:\/\/web.navia.co.in\/login.php\" title=\"\">Navia All in One App<\/a>, and navigate to the IPO section. Active IPOs will be listed with their open and close dates, price band, and lot size.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 2: Select the IPO and choose your lot size\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Each IPO sets a minimum&nbsp;lot&nbsp;size \u2014 the smallest number of shares you can bid for. For most mainboard retail IPOs, one lot is priced between \u20b910,000 and \u20b915,000. You can apply for multiple lots, up to the retail ceiling of \u20b92 lakh.&nbsp;The allotment process depends on SEBI regulations and the level of subscription.&nbsp;In oversubscribed retail issues, allotment is&nbsp;generally made&nbsp;through a lottery-based process.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 3: Enter the bid price within the price band\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Every IPO comes with a price band\u2014for example, \u20b9420\u2013\u20b9440 per share. Many retail investors choose the cut-off option, which allows them to apply at the final issue price, even if it is fixed at the upper end of the band. This helps prevent the application from being rejected for bidding below the final&nbsp;issue&nbsp;price, making it the most common option among retail applicants.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 4: Enter your UPI ID\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Provide the UPI ID linked to your own bank account. This is critical: the UPI ID and the demat account must belong to the same individual. A mismatch leads to automatic rejection. Accepted UPI IDs include formats like&nbsp;name@oksbi,&nbsp;name@ybl,&nbsp;name@paytm, or any bank-linked VPA.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 5:  Approve the mandate in your UPI app\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">After submission, your UPI app (BHIM, PhonePe, Google Pay, or your bank&#8217;s UPI app) will receive a pending mandate request from the registrar. Open the app,&nbsp;locate&nbsp;the mandate under &#8220;Pending Requests&#8221; or &#8220;Collect Requests,&#8221; and approve it using your UPI PIN. This must be done before the IPO issue closes. An unapproved mandate makes your application invalid \u2014 even if it was correctly filled out.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Step 6: Track your application and wait for allotment<\/strong>\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once the UPI mandate is approved, the application amount is blocked in your bank account. You can track your application status through your broker app, the IPO&nbsp;registrar\u2019s&nbsp;website, or the BSE website. The registrar may be&nbsp;KFin&nbsp;Technologies, MUFG Intime India (formerly Link Intime India), or another registrar appointed for the issue.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/open.navia.co.in\/index-navia.php?utm_source=Organic&amp;utm_medium=blog&amp;utm_campaign=blog&amp;utm_content=IPO+through+UPI\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"200\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/middleimag.jpeg\" alt=\"\" class=\"wp-image-18179\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/middleimag.jpeg 1000w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/middleimag-300x60.jpeg 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/middleimag-150x30.jpeg 150w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/middleimag-768x154.jpeg 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/a><\/figure>\n\n\n\n<h3 id=\"aioseo-historical-ipo-examples-how-the-upi-process-has-played-out-30\" class=\"wp-block-heading has-text-color has-link-color wp-elements-40978aafd82534e3aef96300a38ab97c\" style=\"color:#ec4d37\"><strong>Historical IPO Examples \u2014 How the\u00a0UPI Process Has Played Out\u00a0<\/strong><\/h3>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th class=\"has-text-align-center\" data-align=\"center\"><strong>IPO\u00a0<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Year<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Lot Size\u00a0<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Price Band\u00a0<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>Retail Oversubscription<\/strong><\/th><th class=\"has-text-align-center\" data-align=\"center\"><strong>UPI-ASBA Process\u00a0<\/strong><\/th><\/tr><\/thead><tbody><tr><td class=\"has-text-align-center\" data-align=\"center\">Zomato&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">2021&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">195 shares&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b972\u2013\u20b976&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">~7.4x&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">Retail applications were processed through the UPI-ASBA mechanism. Due to oversubscription, allotment was carried out as per the applicable allotment process.&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">LIC IPO&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">2022&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">15 shares&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9902\u2013\u20b9949 (\u20b960 discount for eligible policyholders)&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">~1.99x&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">Retail applications, including eligible reserved-category applications, were processed through the UPI-ASBA mechanism.&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Hyundai Motor India&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">2024&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">7 shares&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b91,865\u2013\u20b91,960&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">~2.0x&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">Investors were&nbsp;required&nbsp;to complete the UPI mandate approval within the prescribed timeline for their applications to be considered valid.&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">Swiggy&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">2024&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">38 shares\u00a0<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9371\u2013\u20b9390&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">~3.59x&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">Applications were processed through the UPI-ASBA mechanism. For applicants who were not allotted shares, blocked funds were released&nbsp;in accordance with&nbsp;the applicable ASBA process.&nbsp;<\/td><\/tr><tr><td class=\"has-text-align-center\" data-align=\"center\">NTPC Green Energy&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">2024&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">138 shares\u00a0<\/td><td class=\"has-text-align-center\" data-align=\"center\">\u20b9102\u2013\u20b9108&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">~2.55x&nbsp;<\/td><td class=\"has-text-align-center\" data-align=\"center\">Retail applications were processed through the UPI-ASBA mechanism. Eligible individuals could&nbsp;submit&nbsp;separate applications using their own PAN, demat account, and UPI ID.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"aioseo-what-to-check-if-your-application-was-rejected-32\" class=\"wp-block-heading has-text-color has-link-color wp-elements-82c510933f88f2f523ac785becf75641\" style=\"color:#023368\"><strong>What to Check if Your Application Was Rejected?\u00a0<\/strong>\u00a0<\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>Rejection Reason<\/strong><\/th><th><strong>How to Identify<\/strong><\/th><th><strong>What to Do Next Time<\/strong>\u00a0<\/th><\/tr><\/thead><tbody><tr><td><strong>UPI ID mismatch<\/strong>&nbsp;<\/td><td>Platform may display a name mismatch or validation error.&nbsp;<\/td><td>Use a UPI ID linked to a bank account held in the applicant&#8217;s name and ensure it&nbsp;complies with&nbsp;the IPO application requirements.&nbsp;<\/td><\/tr><tr><td><strong>Bid price outside the price band<\/strong>&nbsp;<\/td><td>Platform displays an invalid bid error.&nbsp;<\/td><td>Retail investors may consider selecting the cut-off price option, subject to the IPO terms and conditions.&nbsp;<\/td><\/tr><tr><td><strong>UPI mandate not approved<\/strong>&nbsp;<\/td><td>Application status&nbsp;remains&nbsp;&#8220;Mandate Pending&#8221; or equivalent after submission.&nbsp;<\/td><td>Approve the UPI mandate before the IPO application closes.&nbsp;<\/td><\/tr><tr><td><strong>Multiple applications from the same PAN<\/strong>&nbsp;<\/td><td>Duplicate application rejected by the registrar.&nbsp;<\/td><td>Submit only one valid application per PAN for a particular IPO.&nbsp;<\/td><\/tr><tr><td><strong>Insufficient bank balance<\/strong>&nbsp;<\/td><td>UPI mandate approval fails.&nbsp;<\/td><td>Ensure sufficient available balance in the linked bank account before approving the mandate.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"aioseo-how-to-read-an-ipo-listing-before-you-apply-34\" class=\"wp-block-heading has-text-color has-link-color wp-elements-e7d0db1b670b548bd127b3a58e5ac78e\" style=\"color:#033268\"><strong>How to Read an IPO Listing Before You Apply<\/strong>?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Every IPO comes with a Draft Red Herring Prospectus (DRHP) filed with SEBI. Most retail investors skip it. That is a mistake. The DRHP tells you everything about the issue \u2014 including details that directly affect how you should&nbsp;fill&nbsp;your application.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th><strong>What to Check<\/strong>? <\/th><th><strong>Where to Find It<\/strong>?<\/th><th><strong>Why It Matters<\/strong>?<\/th><\/tr><\/thead><tbody><tr><td><strong>Issue open and close dates\u00a0<\/strong><\/td><td>Cover page of the RHP\/DRHP or broker platform&nbsp;<\/td><td>The UPI mandate must be approved before the IPO application closes.&nbsp;<\/td><\/tr><tr><td><strong>Price band and lot size\u00a0<\/strong><\/td><td>Cover page and issue details&nbsp;<\/td><td>Helps&nbsp;determine&nbsp;the amount that may be blocked under the ASBA process.&nbsp;<\/td><\/tr><tr><td><strong>Retail category allocation\u00a0<\/strong><\/td><td>Issue structure section&nbsp;<\/td><td>Shows the allocation applicable to the retail investor category as specified in the offer document.&nbsp;<\/td><\/tr><tr><td><strong>Registrar details\u00a0<\/strong><\/td><td>Contact section&nbsp;<\/td><td>The registrar&#8217;s website can be used to check the allotment status.&nbsp;<\/td><\/tr><tr><td><strong>Expected listing date\u00a0<\/strong><\/td><td>Issue timeline&nbsp;<\/td><td>Indicates when the shares are expected to be listed, subject to completion of the issue process.&nbsp;<\/td><\/tr><tr><td><strong>Company financial information\u00a0<\/strong><\/td><td>Financial statements section&nbsp;<\/td><td>Provides information that investors may review before making an investment decision.&nbsp;<\/td><\/tr><tr><td><strong>Grey Market Premium (GMP)\u00a0<\/strong><\/td><td>External sources&nbsp;<\/td><td>GMP is unofficial, unregulated, and should not be relied upon as the sole basis for an investment decision or expected listing performance.&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 id=\"aioseo-what-this-means-for-retail-applicants-37\" class=\"wp-block-heading has-text-color has-link-color wp-elements-bc2246e36719c291d0cf7815cd18c9d9\" style=\"color:#033268\"><strong>What This Means for Retail Applicants?<\/strong>&nbsp;<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd35 Selectivity is rising \u2014 Retail investors are filing fewer applications overall, but the applications being filed are increasingly for&nbsp;companies that investors perceive more&nbsp;favorably&nbsp;based on publicly available information.&nbsp;Hype-driven listings are attracting proportionally less retail interest.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd35 Oversubscription odds have eased \u2014 With retail oversubscription dropping from 103% to 57%, your chances of allotment in well-chosen IPOs have improved compared to the FY25 peak.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd35 SME IPOs carry higher risk \u2014 SME IPOs have lower regulatory disclosure requirements and can be more volatile post-listing. The UPI application process is the same, but due diligence requirements are higher.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\ud83d\udd35&nbsp;GMP&nbsp;(Grey Market Premium) is less predictive \u2014 As investor&nbsp;behavior&nbsp;matures, the correlation between&nbsp;GMP&nbsp;and actual listing price has weakened. Apply based on business fundamentals, not&nbsp;GMP&nbsp;alone.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>&nbsp;Grey Market Premium (GMP) is unofficial,&nbsp;unregulated&nbsp;and should not be used as the sole basis for an investment decision.<\/strong>&nbsp;<\/p>\n\n\n\n<h2 id=\"aioseo-mistakes-to-avoid-43\" class=\"wp-block-heading has-text-color has-link-color wp-elements-3d364043659a062485f8f3ee6cc00a1d\" style=\"color:#033268\"><strong>Mistakes to Avoid<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c<strong> Using someone else&#8217;s UPI ID\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Your UPI ID must belong to the same individual whose name appears first on the demat account. Even a&nbsp;spouse&#8217;s&nbsp;or parent&#8217;s UPI ID linked to a joint account will get your application rejected.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c<strong> Not approving the mandate before the issue closes\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Submitting the application is not enough. The mandate must be approved in your UPI app. If the IPO closes before you approve, your application is invalid \u2014 and no appeal is possible.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c <strong>Applying with a bid price below the cut-off\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you enter a price lower than the final&nbsp;issue&nbsp;price (discovered through book building), your application is automatically rejected. Retail investors should apply at the cut-off price to avoid this.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c<strong> Submitting multiple applications from the same PAN\u00a0<\/strong>\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Whether across different platforms or different family members sharing a PAN (which is illegal anyway), multiple applications from one PAN for the same IPO result in all applications being cancelled.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c <strong>Insufficient balance in your bank account\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When the UPI mandate is triggered, your bank checks for available balance. If funds are short \u2014 even by \u20b91 \u2014 the mandate fails. Ensure the full blocked amount is available and not tied up in other pending transactions.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c<strong> Ignoring the allotment result\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Some investors assume they&nbsp;received&nbsp;allotment if they&nbsp;don&#8217;t&nbsp;see the block released. Always check the allotment status on the&nbsp;registrar&#8217;s&nbsp;website or your broker platform on the allotment date. Shares are credited to your demat, not announced via SMS in all cases.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u274c <strong>Applying based only on Grey Market Premium\u00a0\u00a0<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">GMP reflects unofficial demand and is not regulated by SEBI. It can shift dramatically between application date and listing date. Many IPOs with high GMP have listed at a discount; others with low GMP have delivered strong listings.<\/p>\n\n\n\n<h2 id=\"aioseo-conclusion-58\" class=\"wp-block-heading has-text-color has-link-color wp-elements-706e478680e210af92a426a6250f66f7\" style=\"color:#033268\"><strong>Conclusion<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The UPI-based IPO application process has made it easier for retail investors to\u00a0participate\u00a0in public issues by offering a fully digital experience under the ASBA framework, where the application amount\u00a0remains\u00a0blocked in the investor&#8217;s bank account until the allotment process is completed. However, even small mistakes\u2014such as entering an incorrect UPI ID,\u00a0failing to approve\u00a0the UPI mandate within the specified timeline, or placing an invalid bid\u2014can lead to the rejection of the application. To improve the chances of a successful IPO application, investors should verify the lot size and price band, ensure the UPI ID is linked to their own bank and demat accounts, maintain sufficient funds to cover the application amount, and approve the UPI mandate before the issue closes.\u00a0<\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>DID YOU FIND THIS INTERESTING?<\/strong><\/p>\n\n\n\n<div class=\"wp-block-group is-nowrap is-layout-flex wp-container-core-group-is-layout-8f761849 wp-block-group-is-layout-flex\">\n<p class=\"wp-block-paragraph\">We&#8217;d love to hear from you <\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/form.typeform.com\/to\/bpQ8ZlDc\"><img decoding=\"async\" width=\"300\" height=\"64\" src=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button.png\" alt=\"yes or no feedback form\" class=\"wp-image-8335\" srcset=\"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button.png 300w, https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2025\/01\/Yes-No-Button-150x32.png 150w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><\/figure>\n<\/div>\n\n\n\n<h1 id=\"aioseo-frequently-asked-questions-60\" class=\"wp-block-heading\"><strong>Frequently Asked Questions\u00a0<\/strong>\u00a0<\/h1>\n\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-284c4cf0-9755-4c97-8e26-d4890c89c747\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-284c4cf0-9755-4c97-8e26-d4890c89c747\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-284c4cf0-9755-4c97-8e26-d4890c89c747\" style=\"color: #000000; \"><strong>What is the\u00a0minimum\u00a0amount needed to apply for an IPO through UPI?<\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-284c4cf0-9755-4c97-8e26-d4890c89c747\">\n\n<p class=\"wp-block-paragraph\">It depends on the IPO&#8217;s lot size and issue price. Most mainboard retail IPOs price one lot between \u20b910,000 and \u20b915,000. SME IPOs can\u00a0require\u00a0\u20b91 lakh or more per lot. Always check the lot size and price band on the broker app before applying.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-ee26ebb3-db4c-4fc9-8403-4455c17152b4\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-ee26ebb3-db4c-4fc9-8403-4455c17152b4\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-ee26ebb3-db4c-4fc9-8403-4455c17152b4\" style=\"color: #000000; \"><strong><strong>Is the IPO amount\u00a0immediately\u00a0deducted from my bank account?\u00a0<\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-ee26ebb3-db4c-4fc9-8403-4455c17152b4\">\n\n<p class=\"wp-block-paragraph\">No. The amount is blocked \u2014 not debited \u2014 when the mandate is approved. It is debited only if shares are allotted to you. If no allotment is received, the block is released automatically within 6 working days of the issue closing.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-caa81e24-8e53-41aa-be4d-b07ead08f600\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-caa81e24-8e53-41aa-be4d-b07ead08f600\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-caa81e24-8e53-41aa-be4d-b07ead08f600\" style=\"color: #000000; \"><strong><strong><strong>Can I apply for multiple IPOs using the same UPI ID?\u00a0<\/strong>\u00a0<\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-caa81e24-8e53-41aa-be4d-b07ead08f600\">\n\n<p class=\"wp-block-paragraph\">Yes.\u00a0You can have active mandates for several IPOs simultaneously, as long as your bank account has sufficient balance to cover all blocked amounts at the same time.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-7365e003-54d8-4274-8569-be1bc44afa5c\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-7365e003-54d8-4274-8569-be1bc44afa5c\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-7365e003-54d8-4274-8569-be1bc44afa5c\" style=\"color: #000000; \"><strong><strong><strong><strong>What happens if I do not approve the UPI mandate in time?<\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-7365e003-54d8-4274-8569-be1bc44afa5c\">\n\n<p class=\"wp-block-paragraph\">Your application is treated as invalid and will not be considered for allotment. The IPO will close without processing your bid. There is no way to retroactively approve a mandate after the issue closes.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-fe8c3634-8041-4672-93d7-9b16842d110f\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-fe8c3634-8041-4672-93d7-9b16842d110f\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-fe8c3634-8041-4672-93d7-9b16842d110f\" style=\"color: #000000; \"><strong><strong><strong><strong><strong>Can I revise or cancel my bid after\u00a0submitting\u00a0it?\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-fe8c3634-8041-4672-93d7-9b16842d110f\">\n\n<p class=\"wp-block-paragraph\">In most cases yes, you can revise your bid upward or cancel before the IPO closes, depending on the platform and the IPO&#8217;s rules. You cannot\u00a0revise below\u00a0the original bid price in most cases. Cancellation releases the mandate block\u00a0immediately.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-9a035b5a-471d-4ff3-b634-1b417d9f84af\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-9a035b5a-471d-4ff3-b634-1b417d9f84af\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-9a035b5a-471d-4ff3-b634-1b417d9f84af\" style=\"color: #000000; \"><strong><strong><strong><strong><strong><strong>Is applying through UPI safe?<\/strong>\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-9a035b5a-471d-4ff3-b634-1b417d9f84af\">\n\n<p class=\"wp-block-paragraph\">Yes. The process is regulated by SEBI under the ASBA framework. Your funds\u00a0remain\u00a0in your own bank account throughout. No third party holds your money at any point during the process.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-9b6ee9e9-62a3-44e2-a582-3beb3f5803a2\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-9b6ee9e9-62a3-44e2-a582-3beb3f5803a2\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-9b6ee9e9-62a3-44e2-a582-3beb3f5803a2\" style=\"color: #000000; \"><strong><strong><strong><strong><strong><strong><strong>Can NRIs apply for IPOs through UPI?<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-9b6ee9e9-62a3-44e2-a582-3beb3f5803a2\">\n\n<p class=\"wp-block-paragraph\">NRI investors on a repatriation basis typically use the NRI-ASBA route through their NRE\/NRO bank accounts. UPI-based application availability for NRIs depends on the bank and whether their account supports UPI. Many NRIs use the physical ASBA form\u00a0submitted\u00a0through their designated branches instead.\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n<div class=\"wp-block-ub-content-toggle wp-block-ub-content-toggle-block\" id=\"ub-content-toggle-block-e4387032-4f40-40d5-b6ac-033d89933fe1\" data-mobilecollapse=\"true\" data-desktopcollapse=\"true\" data-preventcollapse=\"false\" data-showonlyone=\"false\">\n<div class=\"wp-block-ub-content-toggle-accordion\" style=\"border-color: #f1f1f1;\" id=\"ub-content-toggle-panel-block-\">\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-title-wrap\" style=\"background-color: #f1f1f1;\" aria-controls=\"ub-content-toggle-panel-0-e4387032-4f40-40d5-b6ac-033d89933fe1\" tabindex=\"0\">\n\t\t\t<p class=\"wp-block-ub-content-toggle-accordion-title ub-content-toggle-title-e4387032-4f40-40d5-b6ac-033d89933fe1\" style=\"color: #000000; \"><strong><strong><strong><strong><strong><strong><strong><strong>Why have retail applications per IPO dropped in FY26?\u00a0<\/strong>\u00a0<\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/strong><\/p>\n\t\t\t<div class=\"wp-block-ub-content-toggle-accordion-toggle-wrap right\" style=\"color: #000000;\"><span class=\"wp-block-ub-content-toggle-accordion-state-indicator wp-block-ub-chevron-down\"><\/span><\/div>\n\t\t<\/div>\n\t\t\t<div role=\"region\" aria-expanded=\"false\" class=\"wp-block-ub-content-toggle-accordion-content-wrap ub-hide\" id=\"ub-content-toggle-panel-0-e4387032-4f40-40d5-b6ac-033d89933fe1\">\n\n<p class=\"wp-block-paragraph\">Average retail applications fell from 21.31 lakh in FY25 to 12.87 lakh in FY26 as investors have become more selective. IPOs with clear business models and reasonable valuations continue to attract strong participation, while those with aggressive pricing or weak fundamentals are seeing lower retail interest \u2014 a sign of a maturing retail investor base.\u00a0\u00a0<\/p>\n\n<\/div>\n\t\t<\/div>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\"><strong>DISCLAIMER:<\/strong>\u00a0<strong>Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Full disclaimer:\u00a0<a href=\"https:\/\/bit.ly\/naviadisclaimer\">https:\/\/bit.ly\/naviadisclaimer<\/a><\/strong>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many IPO applications are rejected due to simple, avoidable errors, such as entering incorrect details or not approving the UPI mandate on time. Today, IPO applications begin with a UPI ID\u2014not a bank account number or cheque\u2014because the process is routed through UPI under SEBI\u2019s ASBA framework. Understanding how this process works can help investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ub_ctt_via":"","footnotes":""},"categories":[205],"tags":[11,7,1162,21,22,50,1163,53,224,45,597,32],"class_list":["post-18162","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-investments","tag-financial-goals","tag-indian-stock-markets","tag-indianipo","tag-investments","tag-investor","tag-ipo","tag-ipothroughupi","tag-marketperformance","tag-navia-app","tag-trading","tag-upi","tag-wealth-creation"],"featured_image_src":"https:\/\/navia.co.in\/blog\/wp-content\/uploads\/2026\/07\/HowtoApplyforanIPOThroughUP.jpeg","author_info":{"display_name":"Navia Markets","author_link":"https:\/\/navia.co.in\/blog\/author\/tradeplusonline\/"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/comments?post=18162"}],"version-history":[{"count":16,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18162\/revisions"}],"predecessor-version":[{"id":18181,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/posts\/18162\/revisions\/18181"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media\/18178"}],"wp:attachment":[{"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/media?parent=18162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/categories?post=18162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navia.co.in\/blog\/wp-json\/wp\/v2\/tags?post=18162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}