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What is the UPI IPO application limit?

What is the UPI IPO application limit?

Updated 9 December 2025

Language: EN

The UPI IPO application limit has been increased to Rs 5 lakhs from Rs 2 lakhs. With the change in limits, sHNI/sNII investors who wish to apply for up to Rs 5 lakhs can do so through UPI. All other HNI investors who wish to apply for an amount more than Rs 5 lakhs will have to do so through the ASBA route. Many brokers like Zerodha, Angel, Upstox, Paytm and Groww offer UPI based IPO application.

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