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Why do I need a Demat account to apply for an IPO with IIFL?

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The IPO shares, if allocated will be credited to your Demat account. Moreover, SEBI regulations mandate QIB and NII investors to only apply with a Demat account.

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Topic: India Infoline (IIFL) Broker IPO Review

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  1. I have an account with IIFL. Can I apply in IPO?
  2. How to apply for an IPO with IIFL?
  3. Who can apply for an IPO with IIFL?
  4. Can I apply for an IPO using IIFL Markets app?
  5. Can I withdraw an IPO application with IIFL?
  6. Can I sell the shares allocated through IPO with IIFL?
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