How to Apply for Prasol Chemicals Limited IPO on Kotak Securities
Follow this verified step-by-step walkthrough to submit your application for the Prasol Chemicals Limited public issue on Kotak Securities (Kotak Neo) using UPI mandate.
Step-by-Step Application Walkthrough
- Log in to the Kotak Neo mobile app.
- Tap on 'Invest' and choose 'IPO'.
- Select Prasol Chemicals Limited and tap 'Apply'.
- Enter your UPI ID and lot quantity.
- Submit the bid and approve the mandate notification.
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Frequently Asked Questions
Can I apply for Prasol Chemicals Limited IPO using UPI on Kotak Securities?
Yes, Kotak Securities supports 100% digital IPO applications via NPCI UPI 2.0 mandate up to ₹5,00,000 per application.
What is the minimum investment for Prasol Chemicals Limited IPO?
The minimum bid is 1 lot (21 shares) at the cutoff price of ₹676.00, requiring a blocked amount of approximately ₹14,196.00.
What happens if my UPI mandate for Prasol Chemicals Limited is delayed?
UPI mandates are usually delivered within 15 to 45 minutes of submitting the bid on Kotak Securities. If you do not receive the notification, open your UPI app and check the 'Pending Mandates / Autopay' section.
Can I cancel or modify my Prasol Chemicals Limited IPO application on Kotak Securities?
Yes, you can modify or cancel your bid on Kotak Securities anytime before the official bidding window closes at 5:00 PM on the final issue date.
Also see: Prasol Chemicals Limited IPO Details & Subscription · Check Allotment Status · Kotak Securities Broker Review