Are you want to apply for an IPO from Axis Internet Banking? In this post, we provide you step by step guide on how to apply for IPO in retail, HNI, employee and shareholder category from Axis ASBA.

Start by visiting the official Axis Bank website. Once there, locate the “Login” button, typically found on the homepage. There are various options like Personal, Neo for business (for Sole Props and Individuals with Current Account) and Corporates.

Click on the most suitable option. For example, if you have a savings account with Axis Bank, select Personal. After that, you will be directed to the login page.

You can login using Login ID/Customer ID or Debit Card No. After entering the correct details, click on Login, and you will get OTP on your registered mobile number and email ID.

I hope you successfully logged in to your Axis Bank Internet banking. Furthermore, if you are using Internet Banking first time, you need to register. Click on “Register Here” and complete your Axis Bank NetBanking registration. After that, you can apply for IPO using Axis ASBA.

Click on the “Investment” option, available on the left side. After that click on IPO. as displayed in the image below.

If you are already registered on ASBA then move to step no.4.

Click on ‘Register on ASBA’. One popup will open, again click on Register for ASBA. The registration screen will open as below.

For complete ASBA registration on Axis Bank internet banking, you need Depository Name, Client ID / Beneficiary ID, Account No, PAN, Investor Name, Email address and Mobile Number.

For Depository Name and Client ID / Beneficiary ID, You need to open your demat account. They are available under the Account section in almost all brokers.

After entering all details correctly, click on the PROCEED button. You need to look once and confirm your details.

Click on the Confirm button. You will receive OTP on your mobile number or emails. Enter OTP and click on the Submit button.

Now, your ASBA registration has been completed. If the above details are not entered correctly, your IPO application will be rejected by the exchange.

Click on Invest Now or Back to Home, you will see a list of IPOs running.

Now the list of Equity IPOs, Debt IPOs and Rights Issue are open. You need to look at only Equity IPOs.

Search for IPO name in the Equity IPOs you want to apply. Click on Apply to start the IPO application process in Axis Bank Netbanking.

Now Axis Bank will ask you for some more details. You need to fill all details correctly such as Select Investor, Category, Debit Account Number, No. of Shares, Bid Price, and Cut off Price.

In Select Investor, whatever you have entered in ASBA registration will be displayed, confirm it and select. Then select the category. There are many options available like Individual (Retail and NIB), Employee or Shareholder. Select what you want to apply in. Then select the Debit Account.

Now the most important part is coming. You need to enter Bid Details correctly which increase your IPO allotment chances. Enter the number of Shares and Bid price. If you click on “Cut off Price”, you don’t need to enter Bid price.

We recommend you always click on “Cut off Price” whenever you applying IPO with Axis Internet Banking. In the Axis Bank ASBA, you will see all the necessary information regarding IPO bid details under Bid Details section.

Click on Proceed to complete the IPO application process. In the next step, you have to confirm the details. Click on Confirm and you will receive an OTP on your registered mobile number. Enter OTP and click on Submit.

Your Axis Bank ASBA IPO application will be successful if you have the right amount of money available in your selected Axis Bank account.

If you want to track your IPO application in Axis Bank internet banking, Click on TRACK Request or Back to Home. Go to My Applications. You will see all the IPO application history there, which you have applied currently and previously with Axis Bank ASBA.

Furthermore, if you want to cancel your IPO application then you will easily cancel with Axis Bank Net Banking.  Click on the Action and choose the cancel option. Note that you will not cancel your HNI application, it is a general rule for all.