How to Apply for Shreedhar Spinners Limited IPO on Dhan
Follow this verified step-by-step walkthrough to submit your application for the Shreedhar Spinners Limited public issue on Dhan (Dhan App) using UPI mandate.
Step-by-Step Application Walkthrough
- Open the Dhan app and tap on the 'Bids' tab.
- Select 'Live IPOs' and tap on Shreedhar Spinners Limited.
- Review the bidding window and tap 'Apply for IPO'.
- Choose 'Regular (Retail)' category and enter number of lots.
- Enter your UPI ID and submit your bid.
- Approve the auto-debit block in your UPI application.
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Frequently Asked Questions
Can I apply for Shreedhar Spinners Limited IPO using UPI on Dhan?
Yes, Dhan supports 100% digital IPO applications via NPCI UPI 2.0 mandate up to ₹5,00,000 per application.
What is the minimum investment for Shreedhar Spinners Limited IPO?
The minimum bid is 1 lot (270 shares) at the cutoff price of ₹53.00, requiring a blocked amount of approximately ₹14,310.00.
What happens if my UPI mandate for Shreedhar Spinners Limited is delayed?
UPI mandates are usually delivered within 15 to 45 minutes of submitting the bid on Dhan. If you do not receive the notification, open your UPI app and check the 'Pending Mandates / Autopay' section.
Can I cancel or modify my Shreedhar Spinners Limited IPO application on Dhan?
Yes, you can modify or cancel your bid on Dhan anytime before the official bidding window closes at 5:00 PM on the final issue date.
Also see: Shreedhar Spinners Limited IPO Details & Subscription · Check Allotment Status · Dhan Broker Review