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Can an IPO be applied for in the HNI category?
Yes, high net worth individuals (HNIs) have the option to apply for an IPO through Tradejini but with some restrictions as it depends on the UPI Limits which currently is at 5 Lakhs. Which in turn means HNI applications above 2 lakhs and upto 5 lakhs can be made through tradejini's interface, anything above it can be applied through your net banking interface using ASBA service provided by your bank.
For more details, refer to the CubePlus User Guide by Tradejini
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