{"id":3401,"date":"2022-04-28T08:46:34","date_gmt":"2022-04-28T08:46:34","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=3401"},"modified":"2022-04-28T08:46:34","modified_gmt":"2022-04-28T08:46:34","slug":"invest-in-ipos-under-hni-policyholder-and-employee-categories-via-upi","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/invest-in-ipos-under-hni-policyholder-and-employee-categories-via-upi\/","title":{"rendered":"Invest in IPOs under HNI, Policyholder and Employee categories via UPI"},"content":{"rendered":"

Are you an investor looking for investing bulk amounts in Initial Public Offerings (IPOs)? Want to invest more than retail limits in an IPO? We\u2019ve got you covered! You can now apply for an IPO under the HNI category through Paytm Money.\u00a0<\/span><\/p>\n

What is the High Networth Individual (HNI) category?<\/b><\/p>\n

HNI category allows investors to apply for more than Rs 2 lakh in an IPO. Previously, customers could apply for only up to Rs 2 lakh in the retail category using the UPI mode. However, market regulator SEBI has recently raised this limit to Rs 5 lakh.\u00a0<\/span><\/p>\n

With this, exchanges are now supporting HNI applications up to Rs 5 lakh using the UPI mode similar to retail category. For above Rs 5 lakh, you would still need to apply via netbanking, if your bank supports it.<\/span><\/p>\n

The following investor categories in IPOs are now available in Paytm Money app:<\/span><\/p>\n\n\n\n\n\n\n\n\n
Category<\/b><\/td>\nRange<\/b><\/td>\nWho can apply?<\/b><\/td>\n<\/tr>\n
Retail<\/span><\/td>\nUpto Rs 2 lakh<\/span><\/td>\nEveryone<\/span><\/td>\n<\/tr>\n
HNI<\/span><\/td>\nRs 2 lakh – Rs 5 lakh<\/span><\/td>\nEveryone<\/span><\/td>\n<\/tr>\n
Policyholder<\/span><\/td>\nUpto Rs 2 lakh<\/span><\/td>\nApplicable for LIC IPO and if you have linked PAN number to LIC Policy. ( <\/span>Know more here<\/span><\/a> )<\/span><\/td>\n<\/tr>\n
Employee<\/span><\/td>\nUpto Rs 5 lakh<\/span><\/td>\nOnly employees of the company going for IPO<\/span><\/td>\n<\/tr>\n
Shareholder<\/span><\/td>\nUpto Rs 2 lakh<\/span><\/td>\nOnly shareholders of the parent company<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

How to apply for IPOs under the HNI category?<\/b><\/p>\n

Starting May 1st 2022<\/b>, you can apply under the HNI category through Paytm Money.\u00a0<\/span><\/p>\n

This category is fully supported under UPI in Paytm Money. To give an example, you can utilize this functionality to apply for the LIC IPO!<\/span><\/p>\n

Steps to apply for HNI category in IPO:<\/b><\/p>\n