SEBI has made it mandatory for Retail Investors applying in IPOs to submit PAN Card Copy and Number irrespective of the Bid Size. Earlier, a copy of PAN Card and Number were compulsory for applications of Rs.50,000 or more.
However, now it is mandatory that every application by retail investors have to be attached by a PAN card copy, Number or Form 60 or Form 61.
Sunday, July 22, 2007
PAN Card Mandatory for Retail Investors applying in IPOs
Tags
# Allotment Links
# Business
# IPO News
# IPO Updates
# Notifications
# SEBI
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