UPI ID is compulsory for applying through the portal.
The bidding will happen in the retail category where the IPO application amount cannot exceed ₹2,00,000.
One can check the UPI list as well as the banks eligible for the UPI bidding from the NPCI website (https://www.npci.org.in/what-we-do/ipo/live-partners).
Please note the amount would be blocked and not deducted from your account and the same would be released if there is no allotment to your demat account.
Online bids can be entered through the e-IPO portal between 10 AM to 5 PM on the working days of the IPO.
It may take time to receive the UPI mandate depending on the bank servers.
Dear Client,
Due to the assignment of the broking business from Hensex Securities Pvt. Ltd. to Bhansali Value Creations Pvt. Ltd. (BVCPL), the business transfer is scheduled for 26.09.2025.
Accordingly, IPO submissions at Hensex have been stopped. You can now apply for IPOs through Bhansali’s website (https://ipo.bvcpl.com/) using the “Non-BVCPL/Hensex Clients” option. By entering your mobile number and PAN, your new BVCPL Demat ID will be fetched automatically.
If your Demat ID does not appear, please contact our Customer Care Team for assistance at 📞 0291-6622002, 3500702, 7414012301 ✉ csupport@hensex.com