Yes, you can apply for an IPO application under a minor or HUF's name, provided they have different PAN card numbers. Minors can open a Demat account with their parent’s PAN Card and bank account.

Yes!, one can apply 1 Lot from different Demat accounts but they have to make sure that the other Demat account should not be mapped under their name or PAN Card. If one applies through 2 or more Demat accounts that are mapped under their name then all of the applications will get rejected.

Stoxkart online discount broker also provides IPO investment facility to clients. The best part is that stoxkart facilitates both the Indian as well as NRIs to invest in IPO online.

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.

Yes, a demat and trading account can be opened by the HUF Karta to trade in various stock market segments. The entire procedure is the same as the usual standard of opening a trading account. However, the PAN Card details, Bank account details would be that of the HUF account.

While applying for an IPO a person either uses the UPI or ASBA facility for the payment and in both the process the total amount of money remains blocked by the bank under a "Mandate" until the allotment process is finalized hence the amount remains in the bank account of the investor and only gets debited if he/she receives the allotment of the shares.

ICICI Direct and Paytm Money are both stockbrokers with a high customer base and offer different tools and platforms for executing trades. But then ICICI Direct comes on top given its decades of experience as a full stockbroker and its reliability through its trading tools and investing tips. Paytm Money has the recognition but still has to strive harder to make a mark in the stockbrokers' world in terms of services and trading tools.

Zerodha is India’s largest Stockbroker and has more than 3.4 million active clients. The DP ID is a unique 8 digit number that is used to identify your Stock Broker or any other Financial Institution. If you want to find your DP ID (Depository Participant) for any particular reason, follow the mentioned steps to get it easily.

Yes, you can open a demat account on your minor son/daughter's name with Upstox. However, after a specific age limit (generally 18), you can link a trading account to the Demat account. If not a trading account, users can open a Demat account and then connect the trading account.

5paisa happens to be the second largest stock broker in the country that offers plenty of benefits and features through its Demat and trading account. Some of which include low brokerage charges of 20 rupees, paperless account opening, free trading tools, research and trading advice for free, and much more.