IPO Allotment Tips – How to Increase Your Chances
Many investors say things like: “I applied for 5 IPOs but didn’t get any allotment” or “I used multiple accounts but still no shares”. That’s because IPO allotment is automated and works like a lottery 🎲. But don’t worry! You can still improve your chances by following these smart tips 👇
🔎 How Does IPO Allotment Work?
👉 Since Oct 2012, SEBI made the allotment process fair. 👉 In oversubscribed IPOs, allotment happens on a **lottery basis**. 👉 Everyone gets at least the **minimum lot size** if lucky. 👉 Applying more money doesn’t guarantee shares – luck plays a big role.
✅ Tips to Increase IPO Allotment Chances
- 👨👩👧 Apply from Multiple Accounts Don’t put all your money in one account. Apply from different family accounts (using different PAN numbers). More accounts = more chances.
- 📉 Always Go for Minimum Lot Size Big applications don’t help in oversubscribed IPOs. It’s better to apply minimum lots from multiple accounts.
- 🆔 Use Different Application Numbers Apply smartly with different numbers. Avoid submitting applications in a row (like sequential numbers). This can improve lottery chances.
- 💰 Select Cut-off Price Always apply at the **cut-off price** (highest price band). It ensures your application is considered valid during allotment.
- ⏰ Don’t Wait for the Last Day Apply on the **first or second day**. On the last day, banks may face server issues due to heavy traffic from HNIs and QIBs.
- ✍️ Fill Details Carefully A small mistake in PAN, DP ID, or bank details may lead to rejection 🚫. Double-check before submitting.
💡 Final Advice
✔️ Always check IPO details like price band, company financials, grey market premium (GMP), and listing gain potential before applying. ✔️ Invest wisely – not every IPO gives profit. Pick the good ones for short-term listing gains 🚀 and long-term growth 📊.