5 comments

  • Ashwani Kumar

    Can one apply ipo( under retail category )thru more than one demat account or retail investors can apply ipo one application/PAN no.

    • Ahswani, One can invest in IPO from more than one Demat account. However since PAN is linked to Demat account, even if you get allotment, you would get only in one demat account. Another way is open demat account in your spouse name and apply from their too, then there would be more chance of getting allotment

  • Anil Beriya

    Hi
    Please clarify
    1,Can a person hold more than one demat & trading account?
    2. If not what is the procedure to combine more than one demat account.
    Thanks
    Anil

    • Hello Anil, Here are my comments 1) Yes person can hold more than 1 demat account 2) Since you can hold more than 1 account, you need not worry about combining them. However if you still wish to combine, approach your demat account broker and ask them to provide application where you can transfer all other demat account holdings to that demat account.

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