Can I apply twice for an IPO from the same demat or PAN?

 Can I apply twice for an IPO from the same demat or PAN?

  • No, one person cannot apply multiple times with same Demat/PAN for an IPO.
  • The PAN number of the primary account holder in the Bank Account and Demat Account should be the same for valid IPO applications going forward.
  • If an investor applies in an IPO though multiple applications with same Demat account or same PAN Number, his applications will be rejected.