Can I apply for IPO from 2 Demat accounts?
No, one person cannot apply multiple times through multiple applications for an IPO. It’s a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be rejected.
Can I apply IPO from two different account with one bank account ASBA?
Can I apply for IPO from two different accounts with one bank account ASBA? Yes, you can apply from two different accounts with one ASBA bank account using 3rd party IPO application facility provided: You have an account with the bank providing 3rd party IPO application facility.
Can I apply IPO from different demat account with same UPI ID?
No, only one IPO application in an IPO is permitted per UPI ID. In case if UPI as a payment option for IPO, the name in IPO application, Demat Account and Bank account should be same.
Can I apply IPO from any bank?
If you have a bank account in any of these banks, yes, you could apply in an IPO in the name of a family member or friend’s name as long as they have their demat account and PAN number. It is the only way to apply in an IPO online in the name of Minor and HUF. Other banks like ICICI, HDFC, etc.
Can I apply IPO with others bank account?
You can apply in up to 5 IPO applications using one bank account with these banks. If you have a bank account in any of these banks, yes, you could apply in an IPO in the name of a family member or friend’s name as long as they have their demat account and PAN number.
How do I know if my IPO application is rejected?
If the Registrar of the IPO deems an application invalid, then it is rejected and the investor does not receive any allotment….Invalid Application
- The company receiving multiple IPO applications using the same PAN number.
- Incorrect or invalid information filled on the IPO application form.
Is IPO first come first serve?
No, IPO doesn’t get allocated based on a first-come, first-serve basis. The allotment of shares in case of an IPO depends on the interest of the potential investors. If a lot of investors show interest in any particular IPO, then the allocation of shares to the retail investors is done through a lottery.
Can I sell shares after IPO?
You can sell your allotted IPO shares in India on listing day without any issues. However, if you wish you can hold them as much as you want and sell them on any business day on which the stock market is open.