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  • IPO FAQs » NRI FAQ's

    Ask your question

    IPO Frequently Asked Question(s) provide answers to commonly asked questions about IPO’s in Indian Stock Market. This IPO FAQ Category helps IPO investors for their better understanding of IPO’s and to resolve their quires.

    We welcome you for your comments to improve answers of the questions asked in this category. Please feel free to post comments. We appreciate your participation in building this page simple, easy to understand, relevant and correct information provider to the Indian Investor Community.

    If you don't find answer of your question, do not hesitate to ask our expert team by clicking 'Ask your question' link on the top of this page.

    << Check out all FAQ's about IPO's

    1

    What is NRI (non-resident) status? Who is an NRI in India?

    A person is a resident Indian as per Indian tax laws if: "If he stays in India for more than 182 days in a financial year OR If he stays in India for more than 60 days in a particular financial year and more than 365 days in the 4 years preceding that financial year." If the person does not satisfy either of these 2 conditions, he is considered a non resident Indian - NRI.

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    2

    Can NRI apply for IPO?

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    3

    Where can an NRI open a demat account?

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    4

    Is pan number required for NRI to purchase public issue shares?

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    5

    Is NRI need any RBI permission to open a demat account?

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    6

    Can an NRI apply online for IPO and what all papers are required to get started?

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    7

    In case a non-resident Indian becomes a resident in India, will he be required to change the status of his holding from Non-Resident to Resident?

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    More IPO FAQ  List of all IPO Investment related Frequently Asked Questions (FAQ's)

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