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Is a minor eligible for IPO shareholder quota?

Yes, A minor becomes eligible for the shareholder quota if:

Shares of the parent company are held in the minor’s Demat account
Shares are credited before the record date

Find more questions on this topic

Can a minor open a Demat account with ProStocks?

Are capital gains from a minor’s investments reflected in the guardian’s PAN and AIS?

Why does Axis Bank ASBA show the guardian’s PAN instead of the minor’s PAN?

Is a minor eligible for IPO shareholder quota?

How can shares be tendered under a minor account (Buyback)?

Can shares be transferred from a major Demat account to a minor Demat account?

Can a minor apply for IPOs at all?

Can a minor apply for IPOs, rights issues, and buybacks?

How is income earned in a minor’s demat account taxed?