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 the 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 through multiple applications with the same Demat account or same PAN number, his applications will be rejected.