If your account is dormant, you can apply for an IPO provided your DP and Trading account is active. If you’re a trinity account holder, please apply via the ASBA method. In case you’re a non-trinity account holder, please apply via the UPI method.
What does ASBA mean?
How can I apply for IPO if I don’t have UPI?
How can I apply for an SME IPO?
How can I apply for an IPO under the HNI category?