Do I need a demat account to apply for IPO with SAMCO?

Yes. You need a demat account to apply for an IPO with SAMCO. You can make the demat account easily with SAMCO by providing all your basic details and required documents. Demat account is necessary to apply for an IPO with SAMCO or any other broker because once the shares get allotted, they will be credited to your demat account automatically.