As you step into the world of public offers, you find a lot of myths surrounding it. One of the myths is that applying through the same account multiple times increases your allotment chance.

But in fact, submitting applications many times under the same name or PAN actually jeopardises the probability of allotment instead of making it strong.

The SEBI rules strictly discourage this practice from happening, providing equal chances in allotment. Here are four key points that investors should know while applying for an IPO:

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1) One PAN = one application

SEBI has stringent guidelines that should be remembered by the investors while applying for an IPO. The rules mention that only a single application on one Permanent Account Number (PAN) is permitted

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