- An IPO application can be submitted through NET BANKING ASBA service offered by the bank, even without using UPI.
- The required details for the application are as follows:
- Demat ID: Demat Id is a 16-digit unique number used to identify a demat account for every client. The demat ID can be found by visiting
- Depository: CDSL.
- DP Name: Jainam broking ltd.
- Jainam suggests using the UPI based ASBA process to apply for IPOs using Space, as all the client details are already mapped there and the client need to enter only his UPI ID, lot size and the bid price.
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