Can It be mandatory to possess a PAN quantity to apply within an IPO? Sure, For the reason that enactment of your 2006 SEBI act, PAN has become made required for anybody wanting to apply for an IPO. Failure to attach a PAN number will mechanically make your application ineligible. https://trentonkmkyc.blogkoo.com/not-known-factual-statements-about-ipo-analysis-india-61485062