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Does NRI need the permission of RBI to apply in an IPO?

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No, NRIs do not require any permission to invest through IPO.

Topic: NRI IPO Investment in India Article

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Find more questions on this topic

  1. Do NRIs need RBI approval for selling stocks allotted through IPO?
  2. Can NRI apply IPO online?
  3. Can I apply in IPO Online through my ICICI Bank NRI 3-in-1 account?
  4. Can NRI buy IPO in India?
  5. Is pan number required for NRI to purchase public issue shares?
  6. How to apply in IPO from NRI account (NRE or NRO)?
  7. Can an NRI purchase securities by subscribing to the public issue (IPO)?
  8. Can NRI trade in SME shares in India?
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