You can now apply for any new IPOs (Initial Public Offerings) that comes to the
market through SUNNESS .Until recently, the process was cumbersome as customers
had to apply for IPOs using the ASBA (Application Supported by Blocked Amount) from
their respective bank’s net banking portal or by visiting a bank and submitting
a physical application. Now with SEBI regulations making UPI mandatory for IPS,
applying for the same was never so simple. This means that we can now bid for IPO
applications on our own. This is a much simpler, online process. All you need to
do is enter the bid price, quantity and your UPI ID.