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Who can invest in an IPO?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Resident Indian Individuals, NRIs, HUFs, companies, corporations, academic institutions, societies, trusts, public financial institutions, banks, mutual funds and foreign portfolio investors can invest in IPOs.

In general, any of the individuals, groups, organizations or companies listed below can invest in an IPO:

  • Have a PAN card
  • Have a demat account
  • Not restricted by law to investing, buying shares, or engaging in trading.

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