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1. Robinhud   I Like It. |Report Abuse|  Link|June 29, 2021 1:10:05 PMReply
Hi,

If we create multiple demat account through different DP, then can we apply IPO multiple times? I mean does IPO allotment is on demat account basis or PAN number? If on PAN basis, then how will the DP know if we have applied for a IPO through other DP/demat account?
1.1. Hari Babu   I Like It. |Report Abuse|  Link|July 7, 2021 10:57:28 AM
IPO allotment is based on PAN. So keeping multiple DMAT with same PAN doesn't increase your probability.
1.2. Stock Market Trading Ahed   I Like It. |Report Abuse|  Link|July 23, 2021 1:57:34 PM
Hi
No you cannot, even though you have multiple accounts but your PAN no. is same.
IPO is applied as per PAN no.

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