Answer By law4u team
No, you cannot apply for an IPO using your friend's account. IPO applications are linked to a specific Demat account and PAN card, and the application must be made using your own account and personal details.
Using someone else's account to apply may lead to disqualification of the application or even legal issues under securities laws.
Summary
It is essential to use your own Demat account and PAN card for IPO applications to avoid any legal complications and ensure compliance with securities regulations.
