- Yes, an individual can submit an application for an IPO in both the shareholder and retail categories using the same demat account as long as it is not prohibited by the company in the Red Herring prospectus.
- However, only one active IPO application can be made by selecting the desired category through Jainam Assist.
- It means if an application has already been submitted through a JPlus application from one category and an individual wants to apply for the IPO in another category, then he has to apply again and then select another category.
RELATED FACTS: - Jainam Assist supports IPO applications up to ₹ 5 lakh for each category, while ASBA can be used for higher amounts.
- If an application has already been submitted through Jainam for one category and an individual wants to apply for the IPO in another category, they can also use net banking ASBA.
|