# How to Apply for the EAAA IPO: UPI and ASBA Steps

> How to apply for the EAAA IPO by UPI or ASBA, step by step: bid timings, cut-off price, the UPI mandate deadline and mistakes to avoid.
- **Published**: 2026-10-26
- **Modified**: 2026-10-26
- **Category**: ipo
- **URL**: https://www.tldr.money/articles/ipo/how-to-apply-eaaa-ipo

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This is a step-by-step guide to **how to apply for the EAAA IPO** using UPI or ASBA. It is part of the [EAAA IPO DRHP and RHP breakdown](/articles/ipo/eaaa-ipo) and our [IPO guides](/ipo).

> **Educational content, not investment advice.** This page explains the issue using the company's own offer documents and exchange filings. tldr.money is not a SEBI-registered investment adviser or research analyst, and nothing here is a recommendation to apply for, buy, sell or hold any security. IPO investments can lose money, including on listing day. Read the [red herring prospectus](https://www.bseindia.com/corporates/download/387043/IPO%20Open/6RHPsigned_20261022142231.pdf) before you bid, and speak to a SEBI-registered adviser if you need personal advice.

## Before you start: checklist

- **A demat and trading account** in your name. Allotted shares can only be credited in dematerialised form.
- **PAN** linked to that demat account. The registrar checks bids against PAN.
- **A bank account with ASBA or UPI** in the same name, with enough balance for your bid. The money is blocked, not debited, until allotment.
- **A UPI ID** if you will pay by UPI. Your bank must support UPI for IPOs.
- **The right category.** Retail (up to INR 2 lakh), small NII (above INR 2 lakh to INR 10 lakh), big NII (above INR 10 lakh). See the [HNI quota guide](/articles/ipo/eaaa-ipo-hni-nii-quota).

## Bidding window and cut-offs

| | Time (IST) |
|---|---|
| Bidding days | Monday 26 October 2026 to Wednesday 28 October 2026 |
| Online bids and revisions | 10:00 am to 5:00 pm on each bidding day |
| Physical ASBA forms | typically mid-afternoon on the closing day (confirm) |
| UPI mandate approval deadline | 5:00 pm IST on Wednesday 28 October 2026 |

Do not leave it to the last hour on the closing day; bank and UPI systems can slow down when volumes are high.

## Method 1: UPI through your broker app

This is the usual route for retail investors and NII bids up to INR 5 lakh.

1. **Open the IPO section** of your broker app and select EAAA India Alternatives Limited.
2. **Choose your category.** Retail ("individual"), HNI.
3. **Enter quantity in lots.** One lot is 9 shares. Retail investors can bid for up to 13 lots at the cut-off.
4. **Tick "cut-off price"** if you are eligible and want the final price. NIIs cannot bid at the cut-off and must enter a price within INR 1,585 to INR 1,665.
5. **Enter your UPI ID** and submit.
6. **Approve the mandate in your UPI app** before 5:00 pm IST on Wednesday 28 October 2026. Until you do, your bid is not complete.
7. **Check the status** in your UPI app and broker app.

## Method 2: ASBA through net banking

Use this for NII bids above INR 5 lakh, or if you prefer your bank.

1. Log in to net banking and open the **IPO / ASBA** section.
2. Link your demat account details (DP ID and client ID) if asked.
3. Select EAAA India Alternatives Limited, choose the category, enter lots and price (or the cut-off, if eligible).
4. Confirm. The bank blocks the amount directly.

## Changing or cancelling a bid

| You are | Can you revise? | Can you cancel? |
|---|---|---|
| Retail | Up or down, until close | Yes, until close |
| NII (HNI) or QIB | Upwards only | No |

## Common mistakes that get bids rejected

- **Not approving the UPI mandate** before the deadline.
- **A UPI ID in someone else's name.**
- **Retail bids above INR 2 lakh** at the cap price.
- **Multiple bids** in the net issue under the same PAN (except permitted reservation combinations).
- **Insufficient balance** when the bank tries to block the amount.

## After you apply

| Date (on or about) | What happens |
|---|---|
| Thursday 29 October 2026 | Basis of allotment finalised |
| Friday 30 October 2026 | Shares credited to demat; money unblocked if you got nothing |
| Monday 2 November 2026 | Trading starts on NSE and BSE |

Check your allotment on the registrar's or exchanges' sites: [EAAA IPO allotment status](/articles/ipo/eaaa-ipo-allotment-status). If money stays blocked after the unblock date, contact your bank first and then MUFG Intime India Private Limited (eaaaindia.ipo@in.mpms.mufg.com, 022-49186000 / 810 811 4949).

## Related EAAA IPO guides

- [EAAA IPO: DRHP and RHP breakdown](/articles/ipo/eaaa-ipo)
- [EAAA IPO price band and lot size](/articles/ipo/eaaa-ipo-price-band-lot-size)
- [EAAA IPO HNI (NII) quota explained](/articles/ipo/eaaa-ipo-hni-nii-quota)
- [EAAA IPO allotment status](/articles/ipo/eaaa-ipo-allotment-status)
- [EAAA IPO dates and timeline](/articles/ipo/eaaa-ipo-dates-allotment-status)

## Sources

Primary sources first. All links accessed 26 October 2026.

- [EAAA India Alternatives Limited, Red Herring Prospectus (PDF hosted on BSE)](https://www.bseindia.com/corporates/download/387043/IPO%20Open/6RHPsigned_20261022142231.pdf)
- [Edelweiss Financial Services / EAAA price-band intimation to BSE & NSE, 20 October 2026 (PDF)](https://www.bseindia.com/xml-data/corpfiling/AttachLive/0caed369-e00e-4e64-9ac1-2235e864896c.pdf)
- [BSE IPO page -- EAAA India Alternatives Limited (symbol EDELALTS)](https://beta.bseindia.com/markets/publicIssues/DisplayIPO.aspx?IPONo=8054&id=4901&idtype=1&startdt=26%2F10%2F2026&status=F&type=IPO)
- [MUFG Intime IPO status](https://in.mpms.mufg.com/Initial_Offer/public-issues.html)
- [BSE, IPO application status](https://www.bseindia.com/investors/appli_check.aspx)
- [NSE, IPO bid verification](https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids)
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