I don’t have a UPI ID. Can I still apply for an IPO?

Yes, if you do not have a UPI ID, you can still apply for an IPO using ASBA (Application Supported by Blocked Amount) or through a physical application form.
 

  1. ASBA method:

    1. Apply through your bank’s net banking portal.
       
    2. The bank will block the IPO amount in your account until allotment.

       
  2. Creating a UPI ID:

    1. If you want to apply using UPI, you can create a UPI ID through any app listed under NPCI’s UPI handles (Google Pay, PhonePe, Paytm, BHIM, etc.).