Can i apply in an IPO as a employee even though i am not?

General
1

Can i apply IPO as a employee even though i am not.
what will happen if i apply to it.

2

Your application will go through normally.

However, when the RTA matches the list of employee PANs shared by the company with your application, they will not find it there. So, the allotment for your application will not be done by the RTA, and your blocked funds will be released. :slightly_smiling_face:

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3

I applied for IREDA Ipo in novemeber as an employee(im not an employee) but i was allotted shares none the less…so is what you are saying 100% true? Are you sure?

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4

Yes, if you are not an employee, you are not eligible for the reservation for the employee category. The RTA will be able to answer why they still allotted you shares though.

5

Hey I want to know, is it true you got allotment in employee category even though you are not an employee. Is it really possible, I want to know please reply…

6

Hi, Does it still work?