Can I apply in IPO both through ICICI Direct and HDFCSEC

A

ankurpcl

Active Member
#1
#1
Hi All,

I have nearly 20 lakhs of holding in my bank account!

And I would like to play only IPO Game as more than 90% IPOS open with premium and even if u get 20% premium in just 21 days then its more than enough!

Now question is can i apply for IPO both in ICICI DIRECT AND HDFC SEC as I have trading and demat accounts in both with same PAN Number.

ALso i need to apply for more than 1 lakh in IPO which is maximum limit for retail investor, so how i change my status frm Retail Investor to category where I can invest more than 1 lakh in any IPO!

Any senior member in the forum please advice!

tHANKS
aNKUR
 
J

johnbest

Member
#2
#2
Now question is can i apply for IPO both in ICICI DIRECT AND HDFC SEC as I have trading and demat accounts in both with same PAN Number.
Click to expand...
dear

In India, a single person can have only one PAN Card....One cannot have 2 PAN Cards.....
Also you can apply from both demat a/cs but NOT for same IPO....ie you cannot apply for same IPO from various demat a/cs.....

About second question.....i didnt know somebody else will tell.......

have a nice day
JB
 
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