How to Apply for Hero Motors Limited IPO on 5paisa
Follow this verified step-by-step walkthrough to submit your application for the Hero Motors Limited public issue on 5paisa (5paisa App) using UPI mandate.
Step-by-Step Application Walkthrough
- Open the 5paisa app and go to the 'User' profile menu.
- Select 'IPO' to view currently active issues.
- Click 'Apply' on Hero Motors Limited.
- Input lots, enter your UPI ID, and confirm order.
- Authorize the mandate block in your UPI app.
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Frequently Asked Questions
Can I apply for Hero Motors Limited IPO using UPI on 5paisa?
Yes, 5paisa supports 100% digital IPO applications via NPCI UPI 2.0 mandate up to ₹5,00,000 per application.
What is the minimum investment for Hero Motors Limited IPO?
The minimum bid is 1 lot (170 shares) at the cutoff price of ₹84.00, requiring a blocked amount of approximately ₹14,280.00.
What happens if my UPI mandate for Hero Motors Limited is delayed?
UPI mandates are usually delivered within 15 to 45 minutes of submitting the bid on 5paisa. If you do not receive the notification, open your UPI app and check the 'Pending Mandates / Autopay' section.
Can I cancel or modify my Hero Motors Limited IPO application on 5paisa?
Yes, you can modify or cancel your bid on 5paisa anytime before the official bidding window closes at 5:00 PM on the final issue date.
Also see: Hero Motors Limited IPO Details & Subscription · Check Allotment Status · 5paisa Broker Review