How to Increase Your IPO Allotment Probability?

I believe the probability of getting an IPO allocation can be increased through the following strategies:

1. Apply for multiple accounts under different family members (such as parents, spouse, siblings, etc.) and submit separate IPO applications from each account. This is because each application has an independent allocation chance

2. Apply for the minimum lot size (usually one lot, which is the minimum number of shares as specified in the IPO), to increase the chances of allotment in cases of high subscription

3. If you already hold shares of the company's parent or affiliated company and meet specific holding conditions, you can apply through the shareholder category, where the chances of allocation might be higher

4. Ensure all information is correct and complete when submitting the application, including bank account details, PAN card, and application quantity. Errors or need for corrections might affect the chances of allotment

5. Some highly popular IPOs may lead to extremely high subscription multiples, resulting in very low chances of allotment. Opt for IPOs that are receiving attention but are not oversubscribed to increase the likelihood of allotment

6. Ensure sufficient funds are available in the bank account at the time of application, to facilitate automatic deduction in case of allotment, avoiding disqualification due to insufficient funds