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one PAN no, two DEMAT a/cs can one apply for the same IPO

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(Querist)
28 November 2010 can one apply for the same IPO with one PAN no, two DEMAT a/cs.

Do the Regsitrars to the issue scrutinize indexing on PAN nos.?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
28 November 2010 Though you can have two demat accounts with one PAN but you cannot apply for same IPO with two seperate DEMAT a/c. If you wish to apply for a larger chuck then it is advisable to apply in HNI / Non institutional investors category.

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