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Can I apply for an IPO in the HNI category through Zerodha?

No, you will not be able to apply for an IPO in the HNI category through Zerodha using the UPI ASBA process on Console. This bidding process is only available for investor categories where the application size is limited to 2 lac rupees (i.e. retail and in some cases the shareholder category). 

You can still apply for an IPO as an HNI through the net banking ASBA service provided by your bank. Read this post on TradingQ&A explaining the process to apply using net banking ASBA.