What type of account I need to invest in IPO?

To invest in an IPO (Initial Public Offering), you need –

• Demat Account: Required to receive and hold IPO shares.
• Trading Account: Not needed for application but necessary to sell shares after listing.
• Bank Account & ASBA: Your bank account must be linked to your PAN card. Use the ASBA process, which blocks the money in your account instead of debiting it immediately.
• UPI ID: Needed for online applications to authenticate the transaction.
• PAN Card: Mandatory for all individual investors.