Are chances of allotment increases, if I apply for more than 1 lot?

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• No, if an IPO receives good response and gets oversubscribed, then applying for more than 1 lot does not matter because maximum of 1 lot can be allotted to an investors against the shares applied.
• Instead of bidding for more than single lot, investor should consider applying 1 lot from different Demat accounts to maximize the chances of allotment.
• 1. I am an NRI, which category should I apply in?
• 2. Who are anchor investors in an IPO?
• 3. Can a retail investor sell shares on the listing day?
• 4. How anchor investors are different from QIBs?
• 5. How HNI can apply in IPO?
• 6. Are chances of allotment increases, if I apply for more than 1 lot?
• 7. What is the difference between QIB, NII, and RII?

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