Can I apply for two IPO applications using one UPI ID in an IPO?

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No, only one IPO application in an IPO is permitted per UPI ID. In case if UPI as a payment option for IPO, the name in IPO application, Demat Account and Bank account should be same.

Note that you can use 3rd Party ASBA application (applying in an IPO for different people using same bank account), if you bank permits it. Few banks like SBI, Asix Bank, and RBL Bank offer the 3rd Party IPO application.


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