Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Does a minor need a demat account to apply for an IPO?

Yes, a demat account in the minor’s name is mandatory to apply for an IPO. Shares allotted in the IPO are credited only to the demat account of the applicant, including minor applicants.

Does a minor need a demat account to apply for an IPO?