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Private limited companies or LLPs can apply for an IPO under the NII category. To apply for IPO, the company must have a demat account. Companies must complete the application manually. This includes downloading, printing, signing, and submitting the paper IPO form to your bank.
The following are the reasons why the online application for an IPO is not possible:
How to Apply for an IPO from a Demat Account belongs to HUF
All well-known banks including ICICI Bank, HDFC Bank, Axis Bank, SBI Bank, Kotak Mahindra Bank etc. Acceptance of the IPO Application
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