Can I apply for multiple IPOs simultaneously on Angel One?

By PriyaSahu

Yes, you can apply for multiple IPOs at the same time on Angel One, as long as they are different IPOs and you have funds and an active demat account for each. However, you cannot submit more than one application for the same IPO using the same PAN number.



How Many IPO Applications Can I Make for the Same IPO?

You can only apply once per IPO with your PAN. If you submit multiple applications for the same IPO using the same PAN, all of them will be rejected. To avoid rejection, apply with one demat account linked to one PAN for each IPO.



Can I Apply for Multiple Different IPOs Together?

Yes, you can apply for several different IPOs at the same time using your Angel One account. As long as each IPO is different and you have enough funds blocked via ASBA, your applications will be accepted. This way you can try your luck across multiple issues simultaneously.



Does Multiple Bids Mean Better Chances?

Within a single IPO, you may place up to three bids (like different price offers), but this does not increase your chance if the IPO is oversubscribed. You will still get at most one lot. So placing multiple bids under the same PAN doesn’t give extra benefit.



What Happens if I Use Same PAN or Same Broker Multiple Times?

Even if you apply through different broker apps or bank accounts but use the same PAN, all your applications for that IPO will be rejected. So, always use unique PAN per application — meaning you can apply via accounts of family members each with their own PAN.



How Can I Increase My Allotment Chances?

To improve your chances, apply in IPOs using different PAN-linked demat accounts (like of your family members). Also bid at cut‑off price, apply early, and stick to one lot per IPO per account. This gives you multiple ‘entries’ in the allotment lottery system without breaking rules.



Key Things You Must Follow

Remember: one application per PAN per IPO is allowed. You can apply for as many different IPOs as you want if you have the funds. Applying for multiple bids or from different brokers with same PAN will lead to rejection. Always check your PAN rules and apply responsibly.



Contact Angel One Support at 7748000080 or 7771000860 for IPO application queries or help.

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