I am applying IPO from my and my family persons account but money from all will be deducted from my account .
Will request be rejected or not as pan numbers are not same
please share any SEBI circular for this
Hi @Aslan
The applications can go through if the RTA does not reject it on the basis of pan mismatch but there are high chances of the application getting rejected.
There is no specific SEBI circular around this but SEBI has issued multiple circulars that mentions pan check.
Like this :
from last three ipo I have notices my friend who submits IPO from his whole family people demats and bank account is same (his own account)
Not advisable to use same bank account for different applications obviously with different PAN.