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Does Minor need a Demat account to invest in IPO?

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Yes, demat account is mandatory to apply in an IPO. Minor can still use bank account of any family member to apply in an IPO.


2 Comments

2. BIRAJESH KUMAR   I Like It. |Report Abuse|  Link|November 28, 2022 4:33:14 PMReply
How can minor apply in sbi cap securities to apply in ipo.
1. Naresh Rajpurohit   I Like It. |Report Abuse|  Link|September 5, 2022 4:48:15 PMReply
But since third party asba is not accepted now, what should we do


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