Could It be mandatory to have a PAN range to apply within an IPO? Indeed, Since the enactment with the 2006 SEBI act, PAN has become created obligatory for anybody trying to make an application for an IPO. Failure to attach a PAN amount will immediately make your application ineligible. https://spencerqinmg.angelinsblog.com/40518283/considerations-to-know-about-why-stock-market-fell-today-india