Ways to increase the chance of getting IPO Allotment

This IPO News guide/article covers “Ways to increase the chance of getting IPO Allotment”. The page is organized around tips on how to get ipo allotment?, apply for one lot only, apply for ipos from multiple demat accounts, always bid at the cut-off price, avoid ipo subscription at the last moment. IPO News presents the structured facts and tables in its own layout and wording.

Topics Covered

• Tips on How to Get IPO Allotment?
• Apply for one lot only
• Apply for IPOs from multiple Demat accounts
• Always bid at the cut-off price
• Avoid IPO subscription at the last moment
• Place IPO bid without any Mistake
• Do not forget to approve IPO Mandate request
• Buy parent company’s share to apply in the shareholder category
• Why I did not get the allotment?
• Zerodha Trade@20
• Frequently Asked Questions
• 1. If I want to check the exact reason why IPO was not allotted, how can I do that?−
• Compare Stock Brokers Side-by-Side

Key Facts

• India's trusted financial research platform since 2015. Live IPO GMP, subscription data, allotment status, Rights Issues, NCDs and unbiased stock broker reviews.
• However, when an IPO is oversubscribed, the registrar allocates a lot to the maximum number of retail bidders. The allotment is done through a computerized lottery system.
• IPO shares offered = 10,000 shares
• Minimum IPO application size = 600 * 25 shares = Rs 15,000
• IPO Retail reservation = 30% i.e. 3000 shares
• Maximum number of retail investors eligible for allotment = 3000 shares/25 shares (1 lot) = 120
• The company will allot 1 lot of 25 shares to 120 retail investors.
• Motisons Jewellers IPO was the most subscribed IPO of 2023 with a total subscription of 173 and 135 times subscription in the retail category.
• In a book building IPO, the company sets a price range for the IPO, e.g. 60-65 per share. Investors can bid at any price within this range.
• Further, shareholders can bid for an IPO in multiple categories i.e. firstly as a retail or HNI investor and secondly under the shareholder quota, which increases the chances of allotment of shares.
• 3. Last moment application: IPO applications made at the last moment may be rejected due to technical reasons and you will miss the chance of allotment.·
• 4. Bids at a lower price: If you have made an IPO bid at a price lower than the final issue price, which may be the cut-off price, you will not be considered for allotment.·
• 5. Mandate not approved: If you have applied for the IPO but your mandate has not been approved before 5:00 pm on the last day of the subscription period, your application will be rejected.
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• You have applied for the IPO across multiple categories i.e., retail or HNI using the same demat account

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