I was applying for an IPO and entered Jupiter’s UPI ID to confirm the UPI mandate. But have not received any UPI requests. Why?
I believe IPO mandate payment is not supported on Jupiter
As listed in the above page, you can use the Jupiter account with apps like PhonePe using the UPI ID there. But IPO mandate using the Jupiter UPI ID is not supported yet.
We got to understand that as Jupiter is dependent on Federal Bank for the banking part, hence there may be limitations.