How can you get an oversubscribed IPO?

There is no rule of thumb or set procedure for obtaining a guaranteed allotment in an oversubscribed IPO.

You can follow some best practices to improve your chances of getting an oversubscribed IPO:

• Check IPO subscription status before applying.
• Avoid input errors when applying to avoid rejections.
• Apply through different accounts of family members.
• Do not forget to approve the UPI mandate in case of UPI application.
• Use employee or shareholder quota if possible.
• If multiple IPOs are open, allocate the amount based on subscription status and GMP.

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