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

IIFL Securities Account Opening

Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.

The IPO shares, if allocated will be credited to your Demat account. Moreover, SEBI regulations mandate all investors to apply in IPO with a Demat account.


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