List of UPI Apps for IPO Supported on Groww
29 January 2021
4 min read
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 17 UPI handles as on January 19, 2021, 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 (android & iOS) | @upi |
| 4 | BHIM ALLBANK UPI (only Android) | @allbank |
| 5 | BHIM Axis Pay (only android) | @axisbank |
| 6 | BHIM IndusPay (only Android) | @indus |
| 7 | BHIM Lotza UPI (only Android) | @federal |
| 8 | BHIM SBIPay (only android) | @sbi |
| 9 | BHIM YES PAY (only Android) | @yesbank |
| 10 | Citi Mobile (android & iOS) | @citi & @citigold |
| 11 | DigiBank – DBS (Android & iOS) | @dbs |
| 12 | Google Pay (android & iOS) | @okhdfcbank, @okaxis , @oksbi, @okicici |
| 13 | HSBC Simply Pay (android & iOS) | @hsbc |
| 14 | iMobile by ICICI Bank (android users) | @icici |
| 15 | Kotak Mobile Banking App (Android) | @kotak |
| 16 | Phone-Pe (android & iOS) | @ybl |
| 17 | SIB Mirror+ (only Android) | @sib |
| Source: NPCI As on January 19, 2021 | ||
Companies | Type | Bidding Dates | |
| Regular | Closes 10 Oct | ||
| SME | Closes 10 Oct | ||
| SME | Closes 14 Oct | ||
| Regular | Opens 15 Oct | ||
| Regular | - |
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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