Can I apply more than one IPO application in my name from different saving bank accounts in the same bank or different banks?

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No. As per SEBI rule, only 1 IPO application is allowed to a person (technically limit of one application per PAN Number). If you apply multiple application using same PPAN Number, all your applications will be rejected.

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More IPO Basics Questions...

  1. What is an IPO?
  2. Who decides the Price Band?
  3. Who decides the date of the issue?
  4. What is the role of registrar of an IPO?
  5. What is the role of Lead Managers in an IPO?
  6. What is Follow on public offering or FPO?
  7. What is primary & secondary market?
  8. What is the life cycle of an IPO prospectus?
  9. What is the life cycle of an IPO?
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  11. What is the difference between Floor Price and Cut-Off Price for a Book Building Issue?
  12. What is the difference between RII, NII, QIB and Anchor Investor?
  13. As a retail investor I want to apply more then Rs 1 lakhs in an IPO. Can I invest in Non-institutional bidder's category? If yes then what are advantages or disadvantages of this?
  14. Is it mandatory to have PAN number to apply in an IPO?
  15. How many days an IPO remain open for public?
  16. What information should I keep after I submit the IPO application form?
  17. What is 'Market Lot Size' and 'Minimum Order Quantity' for an IPO?
  18. Does applying in an IPO guarantee me to get certain amount of shares?
  19. Investing in IPO's is much less riskier then directly investing in stock market. Is that true?
  20. Can I apply in an IPO through multiple applications on same name?
  21. How many days is the issue open?
  22. What is Basis of Allocation or Basis of Allotment?
  23. Can I revise or cancel my IPO application?
  24. Where do I get an IPO application form?
  25. Can a minor apply in IPO?
  26. Tips to choose right IPO for investment.
  27. Can a person apply in the non-institutional bidder category of an IPO?
  28. What is the minimum & maximum investment one could do in HNI category?
  29. Can I place a buy order during after hour session before the listing date of an IPO?
  30. How one can apply in IPO's online?
  31. How is IPO listing price decided?
  32. What is right issue or RI?
  33. Why does the retail Individual Investor RII bidding status is not getting updated every hour?
  34. What are the risk factors involve in applying in an IPO?
  35. Can both the joint demat account holders individually apply for an IPO?
  36. Why does maximum subscription Amount for Retail Investor is limited to Rs 2 lakh?
  37. What are the determining factors for the selection of an ipo to invest?
  38. How much tax I have to pay on returns (capital gains) for a particular IPO?
  39. What is the procedure to withdraw from an IPO?
  40. How a Company gets listed on stock exchange without an IPO?
  41. For how many days an issue is required to be kept open?
  42. Can minors apply to an ipo ?
  43. What is over the counter trading ?
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  45. How to fill IPO online ?
  46. What will be the category of 'private family trust' for applying in IPO ?
  47. What will be the category of 'private family trust' for applying in IPO ? Retail Bidder or Non-Institutional Bidder ?
  48. Can private limited company eligible to subscribe in non institutional category?
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  53. What is the listing of ipo and how the listing done ?
  54. How many days does it take for a cheque to be cleared for an application of an IPO?
  55. How cut off price of IPO decided?
  56. What is meaning of BID QUANTITY & BID PRICE ?
  57. What is the full form of IPO ?
  58. What do you mean by IPO funding ?
  59. What is the role of 'Syndicate Members' in IPO Processing?
  60. What are the timelines for Book Building IPOs in India?
  61. When maximum number of days for which IPO bid should remain open is 7 (and minimum is 3), why companies go for less than 7 days bidding (i.e. 3, 4 days generally)?
  62. How to apply more than one application in an IPO?
  63. How many IPO applications can be made from one bank account using ASBA?
  64. What are different ways of filing IPO application?
  65. How many IPO applications can submit through online net banking from one bank account?
  66. Can I apply in an IPO from my current bank account?
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  68. Can I apply IPO in the name of family members & friends from my saving bank account?
  69. Can I apply more than one IPO application in my name from different saving bank accounts in the same bank or different banks?
  70. What fields make an IPO application unique?
  71. If I have joint DP account whom I should consider for applicant in an IPO application form?
  72. Can I apply an IPO application in the name of Minor or HUF?
  73. How many lots in an IPO should I apply to get maximum allocation in retail category?
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  75. When should I expect allotment of IPO shares?
  76. When should I expect credit of IPO Shares in my Demat Account?
  77. When should I expect release of funds blocked for IPO in my bank?
  78. When should I expect listing of IPO shares?
  79. Till what time I can apply in an IPO on last day of an IPO?
  80. Should I submit three bids of one lot each at three different bid prices in one IPO application?
  81. If there is a discount to retail investors in an IPO, at what price should I subscribe?
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  139. Is it possible to Apply IPO using BHIM application?
  140. What is the time for After Market Orders (AMO) in Sharekhan and how to place it?

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