Can I apply for IPO from two different accounts with one bank account ASBA?

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Yes, you can apply from two different accounts with one ASBA bank account using 3rd party IPO application facility provided:

  1. You have an account with the bank providing 3rd party IPO application facility. (SBI, Axis, Bank of Baroda, RBL, and IndusInd)
  2. The applicant has the Demat account and PAN of its own as one person can apply only 1 IPO application in an IPO across all investor categories.


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