Can sole proprietorship apply for ipo in personal demat account

Taxation
1

if i have mine business registered as sole proprietorship with same PAN card as personal PAN card,

so can i apply for IPO through this proprietorship bank account in my personal demat account…

if ii’ll get allotted, will the money be debit from this bank account of proprietorship and can shares credit to mine personal demat account without any issue ?

@Quicko can you help?

2

I don’t know they verify primary holder with name or PAN card.

3

that’s what i want to know…
as PAN number will be same but name will be different

4

Hey @kp123,

There’ll be no issue if the PAN is the same. The money here will be debited from your proprietorship bank account.

Hope this helps!

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