Can I apply for an IPO for my friend�s PAN details in my Demat account?

asked Thursday, February 1, 2018

No, because your demat account is linked with your PAN Number. Note that PAN Number is mandatory to open a demat account.

You have to use same PAN Number and same name as you have mentioned in your demat account to apply in an IPO.

Also note that only 1 IPO application is applied by an individual name (i.e. unique PAN Number).

answered Thursday, February 1, 2018

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