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I.P.O. Application

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(Querist)
07 January 2008 Whether a minor can have demat account ?
Whether a minor can make an application for shares via I.P.O. ?
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Sathish k

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Sathish k (Expert)
08 January 2008 A minor can open D'mat Account in his name and he can also apply for IPO but represented by guardian
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Amit Sharma

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Amit Sharma (Expert)
08 January 2008 The answers to ur questions:-

(1) Yes a minor can have a dmat account.

(2) He can even apply for shares at an IPO but only through means of a "Guardian".




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