It's important to note that in India, minors generally cannot
directly participate in financial transactions such as IPO applications.
Opening an account in the name of a minor may require specific procedures and
documentation, which may not be enabled or supported by certain platforms like
5paisa.
However, a guardian or parent may invest on behalf of the minor using their own
account or through specific investment instruments designed for minors, such as
a guardian account or a trust account but since 5Paisa does not offer minor
account the option to apply using minor account for IPOs is not possible using
5Paisa.