Is a minor eligible to apply for IPO?

Some companies allow minors bid on their IPO while others don't. It all depends on the IPO to IPO.

This information is typically found under the section " Who can Apply?" in the IPO Prospectus.

Take, for example:

Religare Industries Limited IPO prospectus states:Indian National's Resident in India who are Majors or in the names their minor children as natural/legal Guardianians in single or multiple names (not more then three) can apply for this IPO.

IPO prospectus of Power Grid Corporation of India Ltd :
It is important for bidders to know that Bids can be rejected due to the following technical grounds: Bids from persons not capable of contracting under the Indian Contract Act 1872, including minors, and people of unsound mind, etc.

In the IPO Application Form, applicants must disclose their age to investors