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Purchase Accounting

Purchase Accounting
Should I need Demat Account to Purchase an IPO?

Should I need Demat Account to Purchase an IPO.
After Purchasing I want to keep it for next 10 years.
I didn’t want to get any other shares through share trading.
So, I didn’t need intradev account. I want to keep only IPOs.
My Problem is that I didn’t want to give anually some charge to any bank or other. Please guide.

yes deemat a/c is compulsory for a purchase in ipo

WST: 15.5 LBO Modeling – Recap vs Purchase Accounting


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