An IPO application can be submitted via net banking ASBA service offered by the bank, even without using UPI. To learn more about ASBA, see What is ASBA? The required details for the application are as follows:
- Demat ID: Demat Id is a 16-digit number used to identify a demat account, and it is unique for every client. The demat ID can be found by visiting console.zerodha.com/account/demat.
- Depository: CDSL.
- DP Name: Zerodha.
To learn more, visit here.