Upstox users can now pre-apply and apply for IPOs via WhatsApp. This is a first-of-its kind industry feature and here is a step-by-step guide on how to use it:

Step 1: Say ‘Hi’ on this WhatsApp number +91 93212 61102 exclusively for IPO applications and click ‘IPO’

Step 2: Confirm your number by selecting ‘Yes, proceed’ or if you wish to change your number click ‘No, change no.’

Step 3: Now verify by entering the 6-digit OTP sent to your number

Step 4: We will now send details of the latest IPOs. Select the IPO which you want to pre-apply/apply to from the list

Step 5: Now, to proceed, select ‘Apply now’ and if you wish to see other IPOs select ‘View other IPO’ 

Step 6: You’ll now be asked to enter the price at which you want to place your bid. We recommend bidding at the cut-off price as any bids lower than the cut-off price are unlikely to get an allotment if the IPO is oversubscribed 

Step 7: Now select how many lots you want to apply for between 1-9 from the list. Incase if you wish to select more than 9 lots click on 'more' and mention the maximum lots from the given range.

Step 8: You will now get to see a summary of your bid details. To move ahead, select ‘Proceed’ or if you wish to change something select ‘Change bid’

Step 9: Next, you will need to enter your UPI ID

Step 10: Select ‘Accept & proceed’ to submit your IPO application or ‘Decline’ if you change your mind and do not wish to apply for the IPO

Step 11: You can now check your application status from the WhatsApp chat anytime.


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