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Multi-PAN IPO Lot Optimizer

Plan IPO applications across multiple family PANs. Calculate total lots, total investment and expected GMP profit when applying with several demat accounts.

Calculator

Results update instantly — all calculations run privately in your browser. Nothing is sent to any server.

How this calculator works

Lots per PAN = floor(amount per PAN ÷ (issue price × lot size))Total lots = lots per PAN × number of PANsTotal investment = issue price × lot size × total lotsExpected GMP profit (if GMP entered) = GMP × lot size × total lots

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FAQs

Can one person use multiple PANs for an IPO?

Each PAN must belong to a distinct individual. Using someone else's PAN without their knowledge is not permitted; family members may apply separately with their own demat accounts.

Does more PANs improve allotment?

Allotment is per application; spreading across valid PANs increases the number of applications and thus the statistical chance of at least one allotment.

Disclaimer
Disclaimer: DostIpo is not a SEBI-registered investment adviser or research analyst. All data here is for information only, not investment advice or a recommendation to invest. GMP is an unofficial estimate. Market investments are subject to risks; read the RHP and consult a SEBI-registered adviser before investing.

Last updated: 29 Aug 2026, 22:13 IST