Could It be mandatory to have a PAN number to use in an IPO? Yes, Because the enactment from the 2006 SEBI act, PAN has become made necessary for anybody planning to make an application for an IPO. Failure to connect a PAN number will quickly make your application ineligible. https://andrequyqu.blogpostie.com/62993666/a-review-of-quarterly-results-impact-stock-price