I have SBI shares in demat account managed by broker A. It does not facilitate IPO transactions. I also have another demat account with HDFC. This account does not hold any sbi share. Can i apply in HDFC in share holder quota
Yes, we don't see any problem with that. It doesn't matter in which account you hold the SBI share. As long as you have shared on your name as a primary demat account holder, you should not have any problem.