List of UPI Apps for IPO Supported on Groww

21 October 2024
3 min read
List of UPI Apps for IPO Supported on Groww
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There are multiple ways to apply for an IPO. In case you are applying for an IPO on Groww, you will have to use your UPI ID to process the payment and application. 

You can also use the ASBA (Applications Supported by Blocked Amount) facility on your net-banking mobile application to apply for IPOs. 

UPI Apps Live on IPOs

If you are applying for an IPO using your UPI ID, there may be a slight chance that your UPI ID may not come up. For example, Paytm UPI is not in the permitted list, @icici is supported only on android.

National Payments Corporation of India (NPCI), an organisation for operating retail payments and settlement systems in India, has allowed 29 UPI handles as on October 21, 2024, that can support IPO payments.

Also Read: How to find IPO Mandate on UPI APPs

Here’s the list:

Sr. No. UPI Apps live on IPO Handle
1 BHIM Baroda Pay (only Android)
@BARODAMPAY
2 BHIM RBL Pay (Android & iOS) @rbl
3 BHIM PayWiz ( Android ) @idbi
4 BHIM (android & iOS) @upi
5 BHIM AUPay (Android & iOS) @aubank
6 BHIM Axis Pay (only android) @axisbank
7 BHIM BANDHAN UPI (Android & iOS) @bandhan
8 BHIM DLB UPI (Android & iOS) @dlb
9 BHIM IndusPay (only Android) @indus
10 BHIM KBL UPI (Android) @kbl
11 BHIM Lotza UPI (only Android) @federal
12 BHIM SBIPay (only android) @sbi
13 BHIM UCO UPI (Android and iOS both) @uco
14 DhanSmart (Android & iOS) @dlb
15 DigiBank - DBS (Android & iOS) @dbs
16 Freecharge (Android & iOS) @freecharge
17 Google Pay (android & iOS)
@okhdfcbank, @okaxis , @oksbi, @okicici
18 Groww Pay (Android & iOS) @yesg
19 HSBC Simply Pay (android & iOS) @hsbc
20 IDBI Bank GO Mobile+ ( Android & iOS) @idbi
21 iMobile by ICICI Bank (android users) @icici
22 IndOASIS (Android and iOS both)
@indianbank, @allbank
23 Kotak Mobile Banking App (Android) @kotak
24 MobiK wik ( Android & iOS) @ikwik
25 Nxt – Union Bank of India ( iOS and Android )
@unionbankofindia, @uboi and @unionbank
26 Paytm (Android & IOS)
@ptaxis, @pthdfc, @ptyes, @ptsbi
27 Phone-Pe (Android & iOS)
@ybl, @axl, @ibl
28 SIB Mirror+ (only Android) @sib
29 YES Pay Next (android & iOS) @yespay
Source: NPCI, As on Oct 21, 2024
📣 IPOs to look out for
Companies
Type
Bidding Dates
SMECloses 26 Nov
SMECloses 26 Nov
RegularCloses 26 Nov
SMECloses 27 Nov
SMECloses 28 Nov

Banks Eligible for ASBA Process

As mentioned above, you can also apply for an IPO through the ASBA process available in the net banking section. Self Certified Syndicate Bank(s) or SCSB(s) are banks that offer the ASBA facility to apply for IPOs. 

Here is a list of SCSBs:

Sr. No. SCSBs eligible to act as Issuer Bank (Customer Bank)
1 Allahabad Bank
2 Andhra Bank
3 Axis Bank
4 Bandhan Bank
5 Bank of Baroda
6 Bank of India
7 Bank of Maharashtra
8 Canara Bank
9 Central Bank of India.
10 Citibank N.A
11 City Union Bank
12 Corporation Bank
13 DBS Bank India Limited
14 DCB Bank
15 Dhanlaxmi Bank Limited
16 GP Parsik Sahakari Bank Limited
17 HDFC Bank Ltd.
18 HSBC Bank
19 ICICI Bank
20 IDBI Bank Limited
21 IDFC FIRST Bank
22 Indian Bank
23 Indian Overseas Bank
24 Indusind Bank
25 Janata Sahakari Bank Ltd
26 Karnataka Bank Limited
27 Karur Vysya Bank Limited
28 Kotak Mahindra Bank
29 Nutan Nagarik Sahakari Bank Ltd.
30 Oriental Bank of Commerce
31 Punjab & Sind Bank
32 Punjab National Bank
33 Rajkot Nagarik Sahakari Bank Ltd.
34 RBL BANK
35 Saraswat Co-operative Bank Limited
36 South Indian Bank
37 Standard Chartered Bank
38 State Bank of India
39 SVC Co-operative Bank Limited
40 Syndicate Bank
41 Tamilnad Mercantile Bank
42 The Ahmedabad Mercantile Co-operative Bank Limited
43 The Catholic Syrian Bank Limited
44 The Federal Bank Limited
45 The Kalupur Commercial Co-operative Bank Ltd.
46 The Lakshmi Vilas Bank Limited
47 The Mehsana Urban Co-operative Bank Limited
48 The Surat People’s Co-op Bank Ltd.
49 TJSB Sahakari Bank Limited
50 UCO Bank
51 Union Bank of India
52 United Bank of India
53 Yes Bank

 

Disclaimer

The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Groww Invest Tech Pvt. Ltd. (Formerly known as Nextbillion Technology Pvt. Ltd) Ltd. do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
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