IPO investing more than 2 lakhs

How can an Individual invest more than 2 lakhs in IPO?

@ShubhS9 Please answer.

You can apply for more than 2 lakhs through Netbanking ASBA. Your bid above 2 lakhs will be automatically considered in Non Institutional Investors category.

You can read this post to know the ASBA process.

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So even Retail Investors can apply more than 2 lakhs.

But will be considered as Non-Institutional Investors category (Even though he is an Individual Retail investor)

Yes.

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