{"id":1505,"date":"2022-04-06T09:36:39","date_gmt":"2022-04-06T09:36:39","guid":{"rendered":"https:\/\/www.invest19.com\/blog\/?p=1505"},"modified":"2022-04-07T04:10:02","modified_gmt":"2022-04-07T04:10:02","slug":"ahead-of-lic-ipo-sebi-raises-upi-limit-for-ipo-to-rs-5-lakh","status":"publish","type":"post","link":"https:\/\/www.invest19.com\/blog\/ahead-of-lic-ipo-sebi-raises-upi-limit-for-ipo-to-rs-5-lakh\/","title":{"rendered":"Ahead of LIC IPO, SEBI raises UPI limit for IPO to Rs 5 Lakh."},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p>Securities Exchange Board of India has raised the UPI limit for IPO from Rs2 lakh to Rs 5lakh. The change in this limit will come into effect from May 1, 2022. <\/p>\n\n\n\n<p>While applying for any of the IPO, retail investors could make the payment through UPI and the limit for the same was up to 2 lakh. It is believed, as the LIC IPO is about the hit the market soon, SEBI has taken the step to make it easier for investors to invest a higher amount.<\/p>\n\n\n\n<p>This progressive move by SEBI, the market watchdog, came almost after 4 months after NPCI enhanced the per transaction limit through the UPI application, supported by the blocked amount (ASBA) from Rs2 lakh to Rs 5 Lakh.<\/p>\n\n\n\n<p>National Payments\nCorporation of India (NPCI), the company that manages the unified payment\nInterface conducted a market survey at various intermediaries, to see whether\ntheir systems are apt and will be able to take higher payments at once. More\nthan 80% of these entities were ready to accept the higher payment.<\/p>\n\n\n\n<p>So, retail investors may gear up\nto have a higher investment window for the IPO, amid this step by SEBI.<br>\n<br>\n<\/p>\n<div class='epvc-post-count'><span class='epvc-eye'><\/span>  <span class=\"epvc-count\"> 2,219<\/span><\/div><div class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0);\" class=\"pld-like-trigger pld-like-dislike-trigger \" title=\"\" data-post-id=\"1505\" data-trigger-type=\"like\" data-restriction=\"ip\" data-ip-check=\"0\" data-user-check=\"1\">\n                        <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">4    <\/span>\n<\/div><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Securities Exchange Board of India has raised the UPI limit for IPO from Rs2 lakh to Rs 5lakh. The change in this limit will come [&hellip;] <span class=\"read-more-link\"><a class=\"read-more\" href=\"https:\/\/www.invest19.com\/blog\/ahead-of-lic-ipo-sebi-raises-upi-limit-for-ipo-to-rs-5-lakh\/\">Read More<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":1507,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[180,10,1],"tags":[145,190,191],"class_list":["post-1505","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-featured","category-other","tag-sebi","tag-upi","tag-5lakh"],"_links":{"self":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/comments?post=1505"}],"version-history":[{"count":3,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1505\/revisions"}],"predecessor-version":[{"id":1509,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/posts\/1505\/revisions\/1509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media\/1507"}],"wp:attachment":[{"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/media?parent=1505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/categories?post=1505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.invest19.com\/blog\/wp-json\/wp\/v2\/tags?post=1505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}