Can It be required to have a PAN number to apply in an IPO? Indeed, Considering that the enactment with the 2006 SEBI act, PAN continues to be built mandatory for anyone seeking to apply for an IPO. Failure to attach a PAN quantity will immediately make your application ineligible. https://sebi-new-rules-for-retail86567.ltfblog.com/40173511/getting-my-ipo-gmp-today-latest-to-work