Utilise multiple Demat accounts for IPO applications. One can apply from multiple Demat accounts to improve allotment for oversubscribed IPOs.
Effective Bidding
Bid at the 'cut-off price' to maximize the chances of allocation. Ensure participation at the highest bidding range during book-building.
Apply Early
Apply during initial days when IPO opens to avoid last-minute glitches. Late applications may lead to technical issues or banking delays.
Error-Free Applications
Check and rectify all details on the IPO application. Ensure accuracy in personal details, DP, and bid amount information.
Shareholder Advantage
Owning shares of the parent company can boost IPO chances. Eligible for the shareholder category if the parent firm is listed. Apply in both categories for better chances.