What are the methods to apply for an IPO?

• An investor has two options to apply for an IPO:
  1. Apply through their stockbroker
  2. Apply through their bank
• In both methods, the investor can choose either the online or offline application method.
• Payment for the IPO is allowed only through the ASBA method (i.e., Application Supported by Blocked Amount).
• However, if the bid amount is up to ₹5 lakh, the investor can pay using UPI-based ASBA.