How to apply for an IPO from a minor's account on Zerodha

Sun, 21 Jun 2026 00:00:00 +0000

A minor can apply for an IPO through a Zerodha minor demat account, but the application is made in the minor’s own name and PAN, operated by the guardian, and it settles through the bank’s net-banking ASBA rather than UPI, because a minor cannot hold a UPI ID. A Zerodha minor account is a demat account for a person under 18, operated by a natural or legal guardian under the Hindu Minority and Guardianship Act 1956 or the Guardians and Wards Act 1890. Zerodha states that such an account can apply for IPOs, buybacks and takeovers. This guide covers the guardian-operated mechanics, the minor’s PAN requirement, the one-application-per-PAN rule that lets a family apply under several PANs, and the bank ASBA constraint that replaces the usual UPI flow.

How to open a Zerodha minor demat account

Tue, 12 May 2026 00:00:00 +0000

This guide explains how a parent or legal guardian can open a demat account for a minor child with Zerodha, including the documents required, the operating restrictions during minority, and the steps needed when the minor attains the age of majority. Once the minor’s PAN and a suitable bank account are ready, the guardian can start the Zerodha account-opening process and select the minor account type.

Step-by-step procedure

Step 1: Confirm age and guardian eligibility

A minor is any person below 18 years of age. The guardian who will operate the Zerodha account must be:

Minor Demat Account on WebNotes

How to apply for an IPO from a minor's account on Zerodha

How to open a Zerodha minor demat account

Step-by-step procedure

Step 1: Confirm age and guardian eligibility