FP trendsJuly 14, 2021 19:22:19 IST
This year, Zomato has offered India’s largest IPO, which opened today, July 14th. Supported by Jack Ma’s Ant Group, Zomato is the first Indian food distribution portal and restaurant aggregator to launch a public offering. Rs 9375 crore IPO is open until July 16.
Domain users Paytm money can now search through the app for the largest IPOs, such as Zomato. Paytm can help users complete the process without even entering their bank details, as UPI supports it.
Paytm money the app allows users to review details of upcoming IPOs, past IPO performance and history, detailed IPO videos, and other related reports.
See the steps to apply for a Zomato IPO Paytm money application:
Phase 1: To open a Demat account, run KYC (if you haven’t already) after logging in Paytm money application.
Step 2: The Demat account will be opened once the information provided has been confirmed. Now select the ‘Invest in IPO’ option on the home screen.
Step 3: From the list of open issues, select the IPO you want to apply for.
Step 4: Enter the UPI information after setting the batch size, limit price, quotation information and submit the application.
Step 5: You will then receive a one-time authorization request to the UPI application.
Step 6: The application for the IPO will be completed when you accept the request for assignment. Post this to receive updates from sharing mode.
Paytm users can even make changes to their offers easily in the IPO app. After opening Paytm, they can just go to the IPO window to edit their application.