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Is it possible to get securities allotted in IPOs directly in demat form?

April 26, 2017allotted demat directly form IPOs possible securities

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Is it possible to get securities allotted in IPOs directly in demat form?

1 Answer

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Yes, it is possible to get securities allotted in IPOs directly in demat form. In fact, in the public issue application form itself, the investor has to mention the BO ID and name and ID of the DP. Any allotment made will be credited into the BO’s account directly and the BO will get intimation to that effect from the company.