Demat account

Dear Shashi Kiran,

Any number of D'mat a/cs can be opened by quoting on PAN Card

One person can open below 6 account in different ,different banks or brokers , but same bank 1 person open minimum 2 accounts.

All the Best,

Regards,

RAJESH CHOUDHARY

Dear Rajesh,

Thanks for the info. But in case of an IPO, can an individual make an application through all his accounts. If he has 6 accounts, can he apply for shares of worth 12 lakhs i.e. 2 lakhs per account....???