How To Find Ipo Mandate On Gpay And Phonepe

The National Payments Corporation of India introduced UPI as an instant payment system, bringing about a significant transformation in the payment industry. UPI enables seamless and instantaneous fund transfers between bank accounts. However, it is essential to have a unique UPI ID to make payments.

Investors can use UPI to approve IPO mandates on their payment apps and complete their IPO applications. Once their orders are placed, they can simply use platforms like Google Pay and PhonePe to complete their transactions via IPO mandate requests. In the sections below, we discuss these two payment gateways for IPO applications.

After you apply for an IPO through Kite, you’ll get a notification from GPay. You can also locate the mandate in Google Pay by going to Profile and selecting Autopay. To view the mandate, just follow these steps:

Follow the steps listed below to approve IPO mandates on Google Pay.

• Tap the Profile icon at the top-right corner of the Google Pay home screen and scroll down to Mandates.

• Look for your mandate under the Pending section.

• Click on the mandate to authorize it. To confirm the request, enter your UPI PIN. You can verify your IPO application number by checking the email sent to your registered email ID.

• Once the mandate is approved, you can track its status under the Live section in Mandates.

Follow the steps listed below to approve IPO mandates on PhonePe.

• After applying for the IPO, open the PhonePe app and wait for a mandate approval notification from NPCI. It may take up to 24 hours.

• Once received, a pop-up will appear on the app regarding the UPI mandate request.

• Tap on ‘View Details’ to check the specifics of the request.

• Select ‘Accept’ to approve the mandate and proceed with the IPO application.

• The application amount will be blocked in your bank account. If shares are allotted, the blocked funds will be debited accordingly.

• You can track your allotment status anytime through the IPO dashboard.

• Ensure your UPI ID is correctly entered during IPO application to avoid mandate failures.

• Use a reliable UPI-enabled app such as PhonePe, Google Pay, or Paytm.

• Stay alert for mandate notifications—check your app regularly within 24 hours of application.

• Maintain sufficient funds in your linked bank account to avoid rejection.

• Approve the mandate promptly once it appears to ensure successful blocking of funds.

• If you face delays, verify if the amount has been blocked and check NPCI status updates.

• For best results, apply during working hours to avoid UPI downtime or technical delays.

Users may face delays in receiving UPI mandate notifications due to NPCI issues or incorrect UPI details. To resolve this, verify the UPI ID entered, ensure sufficient account balance, and check app notifications regularly. Technical glitches may also cause failure in mandate blocking—try reapplying if not resolved within 24 hours. Additionally, using a stable internet connection and transacting within bank hours can help avoid such problems. Always cross-check if funds are temporarily blocked to confirm progress.

When raising an IPO application on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), you can opt to use your UPI ID as a payment method. You need to direct your broker to use this mode while submitting the IPO application. After submission, it is crucial to accept the IPO mandate received on your UPI application to successfully subscribe to the IPO. Both PhonePe and Google Pay are acceptable and convenient options.