FREE Account Opening + No Clearing Fees

How to get Confirmed IPO Allotment?


Open an Instant Account with Zerodha

There is no guaranteed process to get a confirm IPO allotment. In case of oversubscription, the allotment is done using a lottery. Similar to any other lottery your changes reduce with a higher number of participants.

But, there are ways through which you can increase the chances of getting the allotment:

  1. Fill the form correctly to avoid rejection of IPO application
  2. Do not apply multiple applications in an IPO using the same PAN number.
  3. Use family members demat account.
  4. Always opt for the cut-off price while applying IPO.

Let's discuss some of these points in detail:

  1. Fill the form correctly

    A lot of IPO applications get rejected due to incomplete or mismatch information provided. So fill the IPO application form carefully and ensure that important details like PAN & Demat Number etc., are filled correctly.

  2. Using friends or family members demat account

    In addition to your account increases the change of allotment significantly in case of oversubscribed IPO. If an IPO oversubscribed 4 times, your chances of getting the allotment are 25%. If you apply in the IPO using 4 family members name, there is a high chance that you will get an allotment in one of the application.

  3. Opt for the cut-off price

    In case of book building IPOs where you also need to bid for the price, either bid for upper band limit or opt for cut-off price so that your application doesn't get rejected due to lower bid price than the issue price.



Add a public comment...

List of all questions Ask your question

More IPO Allotment Questions...

  1. How many days it usually takes to get an allotment of an IPO?
  2. Will the share be deposit to my account when the allotment status shown?
  3. Why do I get redirected to other websites to when I click 'XYZ IPO Allotment Status' link?
  4. When I check allotment status on your website it shows x amount of shares allocated to me, but I don't see them in my Demat account. Why is it so?
  5. How can I get confirm allotment?
  6. What is the formula for shares allotment in an IPO?
  7. How do I know the allotment status of shares I applied in an IPO?
  8. I apply for every IPO, but get allotment from some IPOs. Good IPOs don't get alloted to me. Where's the problem?
  9. How to know whether I have been allotted shares and amount refunded?
  10. How to know the allotment status of old IPOs?
  11. I have allotted one lot of shares in an IPO. Now, what to do next?
  12. I apply for an IPO on first day of issue, morning time on cut-off rate but most of the time I am not allotted shares. Please guide me, what to do, what to follow?
  13. Is there any advantage for RII (retail investors) if he applies for maximum permissible no. of lots rather than minimum no. of lots in a single application in case of a highly oversubscribed IPO?
  14. Does applying for IPO at upper price band stands more chance of allotment than lower price band?
  15. Does IPO gets allocated to people who apply first?
  16. I am receiving emails and sms of allotment and application made through ASBA even though i have never applied for such IPO? How and where to track such application and lodge complaint?
  17. How IPO allotment happens for NII category if it's oversubscribed?
  18. Why I haven't got allotment in most of the IPO's?
  19. If my fund is blocked in the account, does it mean I will surely get the IPO allotment?
  20. Even if a retail investor applies for Rs 2 Lakhs, allotment is limited to only one lot. Why is it that way?
  21. Why I didn't get IPO allotment?
  22. How to get Confirmed IPO Allotment?
  23. What Happens when an IPO is oversubscribed in India?
  24. When the NII (HNI) quota in an IPO unsubscribe, who gets the remaining shares?

List of all questions Ask your question