SEBI made a big announcement, increased the bid limit for IPO through UPI

Are you willing to invest in Initial Public Offering (IPO)? Here is good news for you. Investors will be allowed to apply for an IPO up to Rs 5 lakh per application through Unified Payments Interface (UPI) mode. This is as per an announcement made by the Securities and Exchange Board of India (SEBI).

SEBI made a new rule (file photo)