I have question for all members, i have Pan card in my name.. and I Demat a/c in Kotak Securities and planning to open one more a/c in zerodha.. in same pan.. while applying in ipo... Will it get rejected by same Pan and Demat is different.. pls help me on this.
1 Pan card = can open many demat account 1 Pan Card = Only one 1 app form of IPO from any one of your demat account only. if you apply many all can reject but you will never get allotment in multiple accounts of same pan card. Infect in bidding process if operator enter your pand card number wrong your application will surely be rejected. you can check rejected application next day (on bidding terminal where your application bided) of final bidding date and correct it through bidding agent.
After Mahanager Gas, I didn''t get allotment in QUESS, RBL, GNA, ENDURANCE, PNBH, BSE, ADV ENZ, MBL even after applying from 4 diff demat accounts...Lucky changed in DMART...