Hi All, I have different two demat account with my name. Now if want to apply in first demat account using ASBA online from my bank and my friend apply using his ASBA bank account to the 2nd account for the same IPO, will this is acceptable?
No..This is not acceptable. 1 application can be done per PAN card. Otherwise your both applications will be rejected.
1.2. D S Shekhawat|| Link|December 3, 2019 9:40:41 AM
YES, You can apply no of application who's account opened as demat account with indl PAN No. I mean to say one PAN No demat account apply for one application in any IPO if you have five family members demat account than all five application apply for one IPO
I have different two demat account with my name. Now if want to apply in first demat account using ASBA online from my bank and my friend apply using his ASBA bank account to the 2nd account for the same IPO, will this is acceptable?
Any help will be appreciated.
Thanks,
Sunil Sharma