What are the trading restrictions in a minor account?

Trading restrictions in a minor account are meant to safeguard the minor’s interests and ensure compliance with regulations. Minors cannot buy shares or government securities directly; such securities must be transferred to their demat account. They are not allowed to place intraday or F&O orders and cannot participate in Offers for Sale (OFS). However, minors can sell securities already held in their demat account and are allowed to apply for IPOs, buybacks, and takeover offers through their guardian-operated account.