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Can I Apply Under Both the Shareholder and Retail Categories on Jainam?

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Yes, investors can apply in both Shareholder and Retail categories for the same IPO, provided certain conditions are met:

  • Use the same PAN and demat account for both applications.
  • Submit only one application per category to avoid rejection.
  • Ensure the IPO allows shareholder quota (as mentioned in the RHP).
  • If switching categories, cancel the existing bid and reapply under the correct category

 

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