The term HNI in IPOs refers to High Net Worth Individuals, usually investors who apply for shares with a value exceeding ₹2 lakhs. If you are wondering what HNI is an IPO, it's important to understand that HNIs differ from retail investors, who are restricted to applying for shares worth up to ₹2 lakhs. The HNI category is usually part of the Non-Institutional Investors (NII) quota, which is a segment allocated to large investors who do not fall under the Qualified Institutional Buyers (QIB) or retail investor categories.
Access the IPO section on our APP>> Click Apply now >> select the HNI >> Select Qty >> Click Place order and block the amount on the UPI through mandate generated post BID Accepted.

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