In the Indian stock market, IPO (Initial Public Offering) is currently becoming the most attractive option for investors. When a company issues its shares to the public for the first time, investors have a great opportunity to make good profits in the future by buying shares at a low price. Due to technology, this process has now become much easier than before.
Today, there are many Best IPO Apps available in the market that allow you to invest in IPOs from your mobile while sitting at home. The previous complicated paper process has now changed to a digital process of just a few minutes. With the help of a smartphone and the right app, anyone can easily apply for an IPO.
Choosing the right and secure app for investment is very important. A good IPO app should have a simple user interface and fast UPI payment facility. Apart from this, it is equally essential to have the facility to check company details, live subscription data and allotment status in the app.
Keeping your needs in mind, we have compiled a list of Top 20 Best IPO Apps in India that are best in terms of security and features. Through these apps, you can easily invest not only in mainboard but also in SME IPOs and strengthen your portfolio.
In this blog, we will give detailed information about the advantages and disadvantages of these 20 best ipo apps. This information will help you choose the most suitable platform to start your investment journey. So, let’s know which app can prove to be the best for you and your investment goals.
Table of Contents
Understanding IPOs: The first step to investing in the stock market
When a private company offers to sell its shares to the general public for the first time, it is called an IPO (Initial Public Offering). Through this process, the company raises capital and expands its business, and in return, investors get a stake in the company. As an investor, investing in an IPO is a great opportunity to join the early stages of a company’s development. An investment made with proper analysis and the right app can yield attractive returns on the day of listing.
Top 20 Best IPO Apps in India 2026: Best apps for safe and easy investing
Groww – Stock, Mutual Fund, Gold, IPO
Groww is a beginner-friendly investment app that allows users to invest in stocks, mutual funds, gold, and IPOs with ease. The app is known for its clean interface and simplified investing experience. It provides detailed stock insights, real-time market data, and zero account opening charges, making it ideal for long-term investors and first-time users.
Key Features of Groww:
- Invest in stocks, mutual funds, gold & IPOs
- Simple and clean user interface
- Real-time market data
- Detailed stock & fund analysis
- Zero account opening fees
Pros:
- Easy to use for beginners
- Transparent pricing
- Fast IPO application process
Cons:
- Limited advanced trading tools
- No commodity trading
App Insights:
- Platform: Android, iOS
- Rating: 4.4★
- Installs / Users: 10M+
- Price: Free
- Download On
- Play Store
- App Store
Zerodha Kite – Trade & Invest
Zerodha Kite is one of the most powerful and professional trading apps in India. Designed for active traders, it offers advanced charts, fast order execution, and low brokerage fees. The app supports equity, F&O, commodities, and currency trading, making it suitable for experienced investors who prefer precision and speed.
Key Features of Zerodha Kite:
- Advanced charts & indicators
- Ultra-fast order execution
- Equity, F&O, currency & commodity trading
- Low brokerage structure
- Market depth analysis
Pros:
- Best for professional traders
- Reliable performance
- Transparent pricing
Cons:
- Not beginner-friendly
- No mutual fund investing in Kite
App Insights:
- Platform: Android, iOS
- Rating: 4.3★
- Installs / Users: 10M+
- Price: Free
- Download On
- Play Store
- App Store
Upstox – Stocks, IPO, Mutual Funds
Upstox is a popular trading app offering low brokerage and fast execution for stocks, IPOs, and mutual funds. It provides real-time charts, smart watchlists, and advanced trading tools. The app is suitable for both beginners and active traders looking for affordable trading with reliable technology.
Key Features of Upstox:
- Stock, IPO & mutual fund investing
- Low brokerage trading
- Real-time charts & analytics
- Smart watchlists
- Quick account opening
Pros:
- Affordable trading fees
- Fast platform
- Easy IPO applications
Cons:
- Occasional app glitches
- Limited customer support
App Insights:
- Platform: Android, iOS
- Rating: 4.2★
- Installs / Users: 10M+
- Price: Free
- Download On
- Play Store
- App Store
Angel One: Stocks, Mutual Fund
Angel One offers a full-service trading experience with AI-based recommendations and detailed research reports. The app supports stocks, mutual funds, IPOs, and derivatives. Its smart advisory tools help investors make informed decisions, making it a strong choice for both beginners and intermediate traders.
Key Features of Angel One:
- AI-based stock recommendations
- Equity, MF & IPO trading
- Research reports & insights
- Smart portfolio tracking
- One-click order placement
Pros:
- Strong research tools
- Beginner-friendly
- Good customer support
Cons:
- Higher brokerage for delivery
- UI feels crowded
App Insights:
- Platform: Android, iOS
- Rating: 4.3★
- Installs / Users: 5M+
- Price: Free
- Download On
- Play Store
- App Store
Paytm Money: Stocks, MF, IPO
Paytm Money is a trusted investment app that allows users to invest in stocks, mutual funds, ETFs, and IPOs. With strong brand trust and simple navigation, it’s ideal for users who want a secure and easy investing experience backed by Paytm’s ecosystem.
Key Features of Paytm Money:
- Stock, MF & IPO investments
- Secure Paytm ecosystem
- Goal-based investing
- Real-time portfolio tracking
- Simple UI
Pros:
- Trusted brand
- Easy to use
- Good for long-term investors
Cons:
- Limited advanced trading tools
- Slower order execution at times
App Insights:
- Platform: Android, iOS
- Rating: 4.2★
- Installs / Users: 5M+
- Price: Free
- Download On
- Play Store
- App Store
Dhan: Share Market Trading App
Dhan is a modern trading app designed for active traders who want speed and precision. It offers zero brokerage on delivery trades and advanced charting tools. The platform supports stocks, F&O, and ETFs with a clean and professional interface.
Key Features of Dhan:
- Zero brokerage delivery trades
- Advanced charts & indicators
- Fast order execution
- Clean UI for traders
- Portfolio analytics
Pros:
- Trader-focused design
- Competitive pricing
- Fast performance
Cons:
- Not ideal for beginners
- Limited educational content
App Insights:
- Platform: Android, iOS
- Rating: 4.1★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
ICICI Direct – Stocks, F&O, MF, IPO
ICICI Direct is a full-service brokerage app offering banking, trading, and investing under one platform. It supports stocks, F&O, mutual funds, and IPOs with strong research-backed recommendations, making it ideal for long-term and conservative investors.
Key Features of ICICI Direct:
- Banking + trading integration
- Strong research reports
- IPO & MF investments
- Secure platform
- Portfolio management tools
Pros:
- Trusted brand
- Good research quality
- High security
Cons:
- High brokerage charges
- Slightly complex UI
App Insights:
- Platform: Android, iOS
- Rating: 4.0★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
5paisa – Trade Stocks, MF & IPO
5paisa is a budget-friendly trading app offering flat-fee brokerage plans. It allows trading in stocks, mutual funds, IPOs, and derivatives. The app is suitable for cost-conscious investors who want basic trading features without high charges.
Key Features of 5paisa:
- Flat brokerage plans
- Stock, MF & IPO investing
- Research & advisory tools
- Quick order placement
- Portfolio insights
Pros:
- Low-cost trading
- Multiple plans
- Easy IPO access
Cons:
- Average UI design
- Customer support issues
App Insights:
- Platform: Android, iOS
- Rating: 4.1★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
Pocketful – Stocks, IPO, Trading
Pocketful is a growing investment app that supports stock trading and IPO investments with a simplified user experience. It aims to make investing accessible for new users while offering essential tools for market participation.
Key Features of Pocketful:
- Stock & IPO investing
- Simple onboarding
- Market insights
- Portfolio tracking
- Beginner-friendly UI
Pros:
- Easy for beginners
- Clean interface
- Quick setup
Cons:
- Limited advanced tools
- Smaller user base
App Insights:
- Platform: Android, iOS
- Rating: 4.0★
- Installs / Users: 100K+
- Price: Free
- Download On
- Play Store
- App Store
INDmoney: Stocks, Mutual Funds
INDmoney helps users track Indian and US stocks, mutual funds, and overall net worth in one place. The app focuses on financial planning, insights, and long-term investing rather than active trading.
Key Features of INDmoney:
- Track Indian & US stocks
- Net worth tracking
- Mutual fund investing
- Financial insights
- Expense analysis
Pros:
- Great for long-term investors
- Clean UI
- US stock access
Cons:
- Limited trading features
- Not for intraday traders
App Insights:
- Platform: Android, iOS
- Rating: 4.5★
- Installs / Users: 5M+
- Price: Free
- Download On
- Play Store
- App Store
Kotak Neo: Stocks, Mutual Fund
Kotak Neo is a secure trading app by Kotak Securities offering stocks, mutual funds, ETFs, and IPOs. Backed by Kotak’s strong financial reputation, the app focuses on reliability, research insights, and long-term investing.
Key Features of Kotak Neo:
- Stocks, MF & IPO access
- Research & advisory tools
- Secure Kotak ecosystem
- Portfolio management
- Market insights
Pros:
- Trusted financial brand
- Secure platform
- Good research support
Cons:
- Average UI experience
- Higher charges than discount brokers
App Insights:
- Platform: Android, iOS
- Rating: 4.1★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
HDFC Sky: Demat, Stocks, MF, IPO
HDFC Sky is a reliable investment app offering stocks, mutual funds, ETFs, and IPOs with flat-fee brokerage. Backed by HDFC, it focuses on security and long-term investing with a simplified user experience.
Key Features of HDFC Sky:
- Flat-fee brokerage
- Stocks, MF & IPO access
- Trusted HDFC backing
- Secure transactions
- Portfolio tracking
Pros:
- Trusted brand
- Good for long-term investing
- Secure platform
Cons:
- Limited advanced tools
- UI could improve
App Insights:
- Platform: Android, iOS
- Rating: 4.0★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
MO RIISE: Stocks, IPO & Demat
MO RIISE by Motilal Oswal is a research-driven investment app designed for investors who value expert insights. It offers access to stocks, IPOs, mutual funds, and demat services with in-depth reports and recommendations. The app is best suited for long-term investors who prefer data-backed decisions rather than frequent trading.
Key Features of MO RIISE:
- Research-based stock recommendations
- IPO & mutual fund investing
- Portfolio performance insights
- Secure demat account
- Expert advisory reports
Pros:
- Strong research quality
- Trusted brokerage brand
- Ideal for long-term investing
Cons:
- Higher brokerage charges
- Not beginner-focused
App Insights:
- Platform: Android, iOS
- Rating: 4.1★
- Installs / Users: 500K+
- Price: Free
- Download On
- Play Store
- App Store
Share.Market: Stocks, F&O, IPO
Share.Market is a modern trading app backed by PhonePe, offering stocks, derivatives, and IPO investments. The app focuses on speed, simplicity, and transparency with a clean interface and easy navigation. It is suitable for users who want a reliable and tech-driven trading experience.
Key Features of Share.Market:
- Stock & F&O trading
- IPO investment access
- Real-time market data
- Simple order placement
- Secure PhonePe-backed platform
Pros:
- Clean and modern UI
- Trusted backing
- Fast execution
Cons:
- Limited research tools
- New platform, fewer features
App Insights:
- Platform: Android, iOS
- Rating: 4.3★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
FYERS: Stocks & Option Trading
FYERS is a powerful trading platform built for serious traders who focus on equity and options trading. It offers advanced charting tools, deep market analytics, and zero brokerage on equity delivery. FYERS is best suited for experienced users who require precision and speed.
Key Features of FYERS:
- Advanced charting & indicators
- Zero brokerage on delivery
- Equity & options trading
- Real-time market depth
- TradingView integration
Pros:
- Excellent charting tools
- Trader-friendly pricing
- Fast order execution
Cons:
- Not suitable for beginners
- Limited investment products
App Insights:
- Platform: Android, iOS
- Rating: 4.2★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
IPO Ji – IPO Info News & Apply
IPO Ji is a dedicated IPO-focused app that provides the latest IPO news, allotment status, and application details. It simplifies IPO investing by offering timely alerts, analysis, and direct application support, making it ideal for IPO enthusiasts.
Key Features of IPO Ji:
- Latest IPO updates & news
- IPO application guidance
- Allotment status tracking
- GMP & subscription data
- Simple and focused UI
Pros:
- Excellent for IPO tracking
- Easy-to-understand data
- Lightweight app
Cons:
- No stock trading
- Limited advanced analytics
App Insights:
- Platform: Android, iOS
- Rating: 4.4★
- Installs / Users: 500K+
- Price: Free
- Download On
- Play Store
- App Store
IPO Plus
IPO Plus is a popular app among retail investors for tracking IPO subscriptions, GMP, and allotment details. It provides real-time IPO data and historical insights, helping users make informed IPO investment decisions quickly.
Key Features of IPO Plus:
- Live IPO subscription status
- Grey Market Premium (GMP)
- Allotment updates
- IPO calendar
- Simple navigation
Pros:
- Accurate IPO data
- Fast updates
- Easy to use
Cons:
- Limited beyond IPOs
- No trading features
App Insights:
- Platform: Android, iOS
- Rating: 4.5★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
IPO Premium – Live IPO Alerts & Apply
IPO Premium focuses on delivering real-time IPO alerts, GMP updates, and subscription trends. It helps users identify high-demand IPOs and apply on time. The app is especially useful for investors who actively track IPO performance.
Key Features of IPO Premium:
- Live IPO alerts
- GMP & demand analysis
- IPO application reminders
- Subscription trend tracking
- Lightweight interface
Pros:
- Timely IPO notifications
- Easy tracking
- Useful for IPO-focused users
Cons:
- No stock market features
- Ads in free version
App Insights:
- Platform: Android, iOS
- Rating: 4.3★
- Installs / Users: 500K+
- Price: Free
- Download On
- Play Store
- App Store
Chittorgarh.com Official App
Chittorgarh.com Official App is a trusted source for IPO data, GMP updates, and subscription statistics. Known for accuracy and depth, the app is widely used by serious IPO investors who rely on data-driven decisions.
Key Features of Chittorgarh:
- IPO GMP & subscription data
- Allotment information
- Historical IPO performance
- Trusted financial data source
- Clean data-focused design
Pros:
- Highly accurate information
- Trusted by investors
- Detailed IPO analytics
Cons:
- No trading or investing
- Basic UI design
App Insights:
- Platform: Android, iOS
- Rating: 4.6★
- Installs / Users: 1M+
- Price: Free
- Download On
- Play Store
- App Store
Envest: IPO, GMP, Allotment
Envest is an IPO-centric app that helps investors track IPO GMP, allotment status, and subscription trends. It is designed for users who actively participate in IPOs and want quick insights without complex data.
Key Features of Envest:
- IPO GMP tracking
- Allotment status updates
- Subscription trend analysis
- IPO calendar
- Easy-to-read interface
Pros:
- Simple and fast IPO tracking
- Accurate updates
- Lightweight app
Cons:
- Limited to IPOs only
- Fewer advanced metrics
App Insights:
- Platform: Android, iOS
- Rating: 4.2★
- Installs / Users: 500K+
- Price: Free
- Download On
- Play Store
- App Store
How to Apply for an IPO Using the App
If you have chosen your favorite IPO app, the application process is very easy. You can apply for an IPO in minutes by following the steps below:
1. Log in to the app and select the IPO section: First of all, open your trading app and go to the section labeled ‘IPO’. Here you will see a list of all the currently open, upcoming and closed IPOs.
2. Select the right IPO and check the details: Click on the IPO of the company you want to invest in. There you will see important details like the company’s price band, lot size and issue date. After checking all the details, click on the ‘Apply’ or ‘Bid’ button.
3. Decide on the bid and lot size: Decide on the number of lots you want to apply for. Most retail investors choose the ‘Cut-off Price’, which means you are willing to buy the shares at the highest price set by the company. This increases the chances of getting an allotment.
4. Enter your UPI ID: You will have to enter your valid UPI ID (such as Google Pay, PhonePe or BHIM) in the application process. The money will be blocked from your bank account through this ID. After filling all the details, click on ‘Submit’.
5. Go to the UPI app and approve the payment request: After submitting, a ‘Mandate Request’ will appear on your UPI app. Approve this request and enter your UPI PIN. Remember, this process will not immediately deduct your money, but the amount will be ‘blocked’ in your bank account. If you are not allotted the IPO, then this amount will be unblocked again.
Common Mistakes to Avoid When Applying for an IPO
Investors often get excited and make some small mistakes, due to which their IPO application can get rejected or they can suffer losses. For successful investment, the following things should be taken special care of:
1. Last-minute application: Many people try to apply on the last day of the IPO and in the last minutes. Often, the application remains incomplete due to server down or delay in UPI payment. It is always advisable to apply as early as possible on the second or third day of the IPO opening.
2. Not approving UPI mandate: After applying for IPO in the app, many investors think that the work is done, but the most important step is to go to your UPI app (PhonePe, Google Pay etc.) and approve the ‘Mandate Request’. Unless you block the amount by entering the PIN, your application will not be considered valid.
3. Not choosing the cut-off price: Retail investors often choose a lower price in the price band. If you want to get allotment in an IPO with high demand, then you should always tick the ‘Cut-off Price’. This greatly increases the chances of getting allotment.
4. Making multiple applications from the same PAN card: If the same person applies for the same IPO from his different demat accounts (e.g. one in Zerodha and one in Groww), then all his applications will be rejected. If you want to increase the chances of allotment, then apply through different PAN cards in the names of other members of your family.
5. Not doing research about the company: You should not buy an IPO just on the basis of market rumors or friends’ advice. Before investing, it is very important to get basic information about the company’s business, profit and loss and its future plans.
Conclusion
In today’s modern era, investing in IPOs is not just a means of earning financial gains, but a great opportunity to build long-term wealth. Thanks to India’s top IPO apps, now even a common investor can become a shareholder of the country’s big companies with just a click. Choosing the right platform and a proper understanding of the investment process can make your financial journey safer and more profitable.
However, investing in the stock market is always subject to risks, so it is imperative to do adequate research about the company’s business and market trends before investing money in any IPO. The information provided in this blog will help you choose the best app and avoid common mistakes. Choose the right app as per your needs and start your bright financial future by investing wisely.
