How to apply for an IPO without UPI on Zerodha Kite

Sun, 21 Jun 2026 00:00:00 +0000

You apply for an IPO without UPI by using the bank ASBA route: placing the bid through your bank’s net banking, or on a physical ASBA form at the bank, rather than through UPI ASBA on Kite . You need this route in three situations: when the application value exceeds the Rs 5 lakh UPI per-transaction limit, when your bank or UPI app is not on the UPI-for-IPO list, or when you simply prefer not to use UPI. Non-individual accounts, a company, LLP, partnership, trust or society, can apply only through ASBA.

Net Banking ASBA on WebNotes

How to apply for an IPO without UPI on Zerodha Kite