The National Stock Exchange (NSE) IPO is open for bidding from September 17 to September 21, 2026, with a price band of ₹1,700–₹1,785 per share and a lot size of 8 shares. At the upper end of the price band, you need to invest a minimum of ₹14,280. 

You can apply for the NSE IPO in just 30 seconds through ArihantPlus, using UPI payment process.

• Log in to ArihantPlus on the app or web platform.

• Go to IPO under the Products section on Dashboard. 

• Under Open IPOs, select on NSE IPO. 

• Select your investor category 

• RETAIL: ₹14,280-₹2,00,000 
• HNI: ₹2,14,200-₹5,00,000 
• EMPLOYEE: ₹14,280-₹5,00,000 

• Set the number of shares you want to buy and the price, to make sure you get the allotment it is advisable to choose the Cut-off Price. 

• Tap on Proceed button 

• Select or enter your UPI ID. Make sure the UPI ID is active and belongs to you. 

• Review your application and submit your bid. 

• Now, you’ll receive a UPI mandate request on your UPI app. Approve the mandate to complete your IPO application. 

Once submitted, you can track your bid under "Orders" and later after allotment is made under "My IPOs" in the IPO section of ArihantPlus. The same IPO application process is applicable on both the ArihantPlus app and web trading platform. 

APPLY FOR NSE IPO 

• Your IPO application isn’t complete just because you’ve submitted the bid on ArihantPlus. You also need to approve the UPI mandate sent to your UPI app. 

• Make sure your UPI ID belongs to you and that there are sufficient funds in the linked bank account.  

• Once you approve the mandate, the application amount will be blocked in your bank account. The amount is debited only if shares are allotted to you. 

• For the NSE IPO, the final deadline to approve the UPI mandate is 7:00 PM on September 21, 2026 for retail investors. For HNI and other categories it is until 5pm on September 21st. 

What is the cut-off price in the NSE IPO? 

Choosing the Cut-off Price means you agree to buy the shares at the final issue price determined through the book-building process. 

For example, the NSE IPO price band is ₹1,700–₹1,785. If the final issue price is fixed at ₹1,785 and you had bid at a lower price, your bid may not be valid. Choosing the cut-off price means your application remains valid regardless of where the final price is fixed within the price band. 

When do I need to approve the UPI mandate? 

For the NSE IPO, the UPI mandate must be approved by 7:00 PM on September 21, 2026, the closing day of the issue. However, its better to approve the mandate as soon as you submit the application and not wait until the last few minutes.  

What happens to my money after I approve the UPI mandate? 

The IPO application amount is blocked in your bank account after you approve the mandate. If you receive an allotment, the applicable amount is debited. If you don’t receive shares, the blocked funds are released. 

Can I apply using someone else’s UPI ID? 

No. The UPI ID used for your IPO application should be linked to a bank account in your own name. Applications made using another person’s UPI ID may be rejected. 

Where can I check my NSE IPO application status on ArihantPlus? 

After submitting your bid, go to the IPO section from Dashboard (under Products) then tap on "My IPOs" on top.  Here you will find list of the the recent IPO Applications you have made along with their status.  

Can I apply for the NSE IPO through the ArihantPlus website? 

Yes. You can apply through either the ArihantPlus app or the web trading platform. The application process is the same on both.