How many IPO applications can I submit through online net banking from one bank account?
There are about 5 IPO applications that can submit through online net banking from one bank account. However, the number can change immensely from one bank to another.
Can I apply in an IPO through multiple applications on same name?
No, a person cannot apply for a single IPO more than ones. There are strict rules and regulations followed in this matter. However, his/her family members can apply for the IPO under their name provided they have a demat account and PAN number.
Can I apply an IPO application in the name of Minor or HUF?
Yes, you can apply for an IPO applciation under a minor or HUF's name, provided they have different PAN card numbers.
What is an IPO or Initial Public Offering?
IPO or Initial Public Offering is the process through which a private company goes public by offering its shares to the public for the first time.
Can a minor apply in IPO?
Have you ever wondered id a minor can apply for an IPO? Yes, a minor can apply for an IPO given that he/she has a PAN card and a Demat account.
Can we apply for an IPO online on Sunday?
Yes, you can apply for an IPO application on Sunday as well but through an online application. But, you need to keep few points in mind before doing that.
Which is best bank to open Savings account in India?
Looking into the interest rates, minimum savings required in the account, easy online facilities are few of the many options you should consider while choosing a savings account with any respective bank.
I do not have a Demat account. Can I apply for an IPO?
Although there are ways such as ASBA facility of your bank that you can use to open an IPO without Demat Account. It is still advisable to have a Demat Account.
Is it mandatory to have a Demat account to apply in an IPO?
Yes and no at the same time. Although you can apply for an IPO without a Demat Account in some cases, the allotted shares are tradable through a Demat Account, Thus, a Demat account is recommended for an IPO.
What is the difference Liquid funds vs. Savings accounts?
Based on return liquid funds outperform savings account by anything between, 2-4 % points which is 50-100 % higher return than the savings account. So, purely on the basis of returns investing in liquid funds seems a better option.