Can a NRI apply for an IPO?

#1

I am an NRI having an account with Zerodha, can I apply for IPOs from my account?

#2

Yes, you can apply for an IPO. You can apply via ASBA (Applications Supported by Blocked Amount), this blocks the amount in your account and will be deducted proportional to the allotment or completely released in case of no allotment.

We’ve answered the process to apply for an IPO here

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