InvestorQ : Can I directly apply for IPO shares in my demat account?
Abhi Yadav made post

Can I directly apply for IPO shares in my demat account?

Answer
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2 years ago


When you apply for an IPO you require a demat account to get the allotment of shares credited. But do you require a trading account to apply for IPOs? The answer is you don’t! If you plan to get the allotment and just hold the shares in your demat account then you do not require a trading account. But the day you decide to sell the shares in the market, you will require a trading account. Shares cannot be sold directly from the demat account but only through the trading account.