Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

Updated 9 December 2025

Language: EN

Irrespective to your resdential status, PAN Number is mandatory for investing in India Stock Market. PAN is required to open an NRI trading account with a broker. NRI investor need a PAN Card (or PAN Number) to invest in IPO's. Please read below article for more detail about NRI Trading Account. NRI Trading Account Charges, Questions, Guide - Indian Stock Market

Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

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Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

Related Questions

Who can apply for QIBs in IPO? WHAT is the rules and regulatin for QIBs ?

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Can private limited company eligible to subscribe in non institutional category?