Applying for IPO with Multiple demat accounts

Could I give more than one IPO application in same name with Multiple demat accounts?
Kandan.

should be allowed i guess but i hope they have different residential addresses

I have given the same address for my demat accounts. is it an issue?

I suppose its related to PAN irrespective of DEMAT!

Cheers

one more query:
Can the name & address of the IPO applicant be different from the demat account holder name & address?

Never do that...your application will stand canceled...for both accounts...

Its the PAN which should be unique for each application

thanks.. do i need to give pan card copy if amount<50000?

pan card copy is not required for any amount. it is because the only identification which is verified is pan no alone. PAN no will be taken from your demat account and hence even if a person applied by giving different demat account nos he cannot get the allotment. the registrar will reject.

the address given in the form does not matter and all bank payment- refund - details will only be as given in your demat account.

beware before entering into complications. there are lot of ways to make money.

thanks a lot.