Can I make payment for an IPO from my father's or someone else's account by registering through ASBA?

Yes, you can make the payment from your father's or someone else bank account in certain conditions described below. This facility is called the 3rd Party IPO Application.

You can use a 3rd party bank account to apply in an IPO if:

1. The bank they have an account with offers 3rd Party IPO Application. Banks like SBI, Asix, and RBL offer 3rd party IPO applications. Other banks like HDFC and ICICI does not offer this facility.
2. The IPO applicant has a PAN Number and Demat Account on his name.
3. The allotment is done based on the PAN number. The bank account does not matter.
4. The 3rd Party IPO application is not available when you use UPI as a payment gateway.