Applications for the EPW India Limited IPO can be submitted using ASBA or UPI mechanisms through authorised banking and broker/trading platforms.
Through ASBA (Net Banking / Bank Portal)
To apply via ASBA, follow the steps below:
Step 1: Ensure you have a Demat account and a bank account linked to a Self Certified Syndicate Bank (SCSB)
Step 2: Log in to your net banking portal
Step 3: Navigate to the IPO / ASBA section
Step 4: Select EPW India Limited IPO. Enter your bid details (lot size, number of lots) and Demat account information
Step 5: Confirm your application. The amount gets blocked (not debited) until allotment
Step 6: If shares are allotted, your account is debited; otherwise, blocked funds are released back
The bid amount remains blocked in the linked bank account until allotment finalisation.
Through UPI via Broker Platforms (e.g. Trading App)
If you prefer applying through a broker or trading app, follow these steps:
Step 1: Log in to your broker/trading app
Step 2: Go to the IPO or ‘Bids’ section. Select EPW India Limited IPO
Step 3: Enter the lot quantity and your UPI ID. Ensure the quantity is a multiple of 1,200 shares
Step 4: Submit the bid. A mandate request will pop up in the UPI app. Approve it
Step 5: The application amount will be blocked via UPI. It will be debited only if shares are allotted; otherwise, the block is released after the issue closes
Both methods are accepted under current regulations. Using ASBA or UPI allows applications to be submitted with funds remaining blocked until the allotment process is completed.
Check other Upcoming IPOs here: Upcoming IPO