Who can apply for IPO in India?

Any Indian retail investor can apply for an IPO if they meet the following basic requirements:

1. PAN Card
Mandatory for all IPO applications.

2. Demat Account
Shares allotted in an IPO are credited to the Demat account.

3. Trading Account
Required to apply for IPOs through a broker or online platform.

4. Bank Account linked to Demat (ASBA enabled)
Application amount is blocked and debited only if shares are allotted.

5. Age above 18 years
Only adults are allowed to apply for IPOs in their own name.