Multiple IPO Bids

Stocks IPOs
1

@Siva @ShubhS9
If I have two Demats in my name, then can I apply for IPO with different PAN.
e.g. One application from my father’s PAN and other from my PAN. (But both Demats are in my name)

2

If both Demat are in your name, then both application will also be in your name (Application name can’t be different than demat name).
And since PAN is same, both will be rejected.

3

How can that be possible?

4

Ok, Thanks.

5

I don’t apply in IPOs so I am not aware of these things. Some Relatives wanted to know if it was possible.

6

I mean one person having two demats with different pan is not legal, any day it can come back to bite.