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Why do I need a Demat account to apply for an IPO with IIFL?

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.

The IPO shares, if allocated will be credited to your Demat account. Moreover, SEBI regulations mandate all investors to apply in IPO with a Demat account.



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