Loading AlgoFusionAI...

AlgoFusionAi

Home
FAQ
Can retail investors apply in the HNI category using UPI in an IPO?

Can retail investors apply in the HNI category using UPI in an IPO?

Updated 4 November 2025

Language: EN

Retail investors cannot apply in an IPO using UPI under the HNI category. The transaction limit under UPI for IPO is a maximum of Rs 2 lakh per transaction. An investor has to use the ASBA IPO application to apply in the HNI category.

Related Questions

With whom can we open a free demat account for shares trading in India and Why?

Updated 11/4/2025

How do I move from one broker to another? What will happen to my holdings and open positions?

Updated 11/4/2025

How much is the exchange transaction charge?

Updated 11/4/2025

AlgoFusionAi

Your intelligent trading companion powered by advanced AI algorithms.

Product

Fusion AI
Puller&Draggers
Real-tick Meter
Most Active Stock
News
Career

Company

About Us
Contact Us
Terms

Legal

Privacy Policy
Faq

© 2025 AlgoFusionAi. All rights reserved.