How can I get IPO allotment?

There is no set process or rule to get guaranteed allotment in an IPO unless it is undersubscribed.

You can increase your chances of receiving an allocation by following the below best practices:

1. Apply from different Demat accounts of your family and friends.
2. Apply at the cut-off price or the upper price range. If you apply at a price below the final offer price, your IPO will be rejected.
3. Once you have decided to apply, make it as early as possible and do not wait until the last day to avoid last minute issues.
4. Ensure to approve the UPI mandate request, failing which the bid would be considered invalid.
5. Apply in smaller quantities to ensure you receive at least one lot, as per SEBI guidelines. Applying in larger quantities leads to large oversubscription leading to allotment based on lucky draw.

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