Can I apply for IPO using other person’s UPI ID?
No, you cannot apply for an IPO using
someone else's UPI ID. IPO applications must be made using your own UPI ID and
bank account. Using another person's UPI ID for IPO applications is not allowed
and may lead to the rejection of the application.
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Can I apply for multiple applications in the same IPO using the same UPI?
You can only submit one application for the same IPO using the same UPI. Multiple applications for the same IPO using the same UPI are not allowed. This means that investors cannot submit more than one application for the same IPO using the same UPI ...
Up to what limit can I apply for a public issue in UPI?
o As per SEBI regulations, retail investors can apply for public issues using UPI with a maximum bid amount of up to Rs. 2 lakhs per application. This applies to both regular retail individual investors and investors in the High Net worth Individual ...
Can a minor apply for an IPO?
Minors generally cannot directly participate in financial transactions such as IPO applications. However, a guardian or parent may invest on behalf of the minor using their own account or through specific investment instruments designed for minors, ...
How can I apply of an IPO through PennyPal app?
Login into the PennyPal app, click on the profile tab on the bottom right corner, scroll down and then click on the IPO tab, you will then be able to see all the available IPO’s
How to Apply for an IPO in web based terminal ?
Click on your Client Code located on the right side. Under the IPO Section, select the preferred IPO you wish to apply for. Click on Apply to submit your application.