one PAN no, two DEMAT a/cs can one apply for the same IPO
This query is : Resolved
Sanjay Dhaduti
(Querist)
28 November 2010
can one apply for the same IPO with one PAN no, two DEMAT a/cs.
Do the Regsitrars to the issue scrutinize indexing on PAN nos.?
Do the Regsitrars to the issue scrutinize indexing on PAN nos.?
Aditya Maheshwari
(Expert)
28 November 2010
Though you can have two demat accounts with one PAN but you cannot apply for same IPO with two seperate DEMAT a/c. If you wish to apply for a larger chuck then it is advisable to apply in HNI / Non institutional investors category.
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