Can minors apply for IPO through Zerodha?

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No, a minor cannot apply for an IPO through Zerodha. But if you have a minor demat account in Zerodha, you could apply in IPO using banks that offer 3rd Party IPO application i.e. SBI, Axis Bank.

Zerodha offers a UPI-based IPO application that cannot be used for applying IPO for Minor or HUF. This is due to a technical limitation where the name in the demat account, IPO application and bank account should be the same when applying in an IPO using UPI as a payment option. The minors do not have UPI as they don't get access to online banking.


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