Is It Possible To Apply For An IPO Multiple Times Using The Same PAN Card And Different Demat Accounts?
Last Updated: May -20-2017
No, one person cannot apply multiple times through multiple applications for an IPO. It's a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be rejected.
If you would like to place order for multiple application, it works if you apply one each of your family member's name. But again all eligible family members should have a demat account and a PAN number.