Key Takeaway
In oversubscribed IPOs, retail allotment is decided by lottery. Applying for 1 lot or 10 lots from the same PAN gives identical odds. The only way to increase chances is applying from multiple family demat accounts.
IPO Allotment Probability
Calculate your chances of getting an IPO allotment in the retail category.
Allotment Probability
6.45%
Applying multiple lots from a single account does not increase chances. Unique accounts are required.
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Frequently Asked Questions
How is IPO allotment decided in oversubscribed issues?
When the retail portion of an IPO is oversubscribed, the allotment is decided via a computerized draw of lots (a lottery system) supervised by the exchange registrar.
Does applying for multiple lots increase my chances?
No. In the retail category, applying for 10 lots from a single PAN card gives you the exact same probability of allotment as applying for 1 lot.
How can I increase my IPO allotment chances?
The only mathematical way to increase your chances is to apply for single lots across multiple separate demat accounts registered under the names of different family members.
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