How to get Confirm IPO Allotment

 

So you missed IPO of Tatva Chintan, Zomato etc.

These days there is IPO boom and listing gains in most IPO is huge , naturally there is heavy rush to subscribe new IPO, due to this frenzy rush most IPO are many fold oversubscribed. Recent IPO performance has shown quite promising results during the listing gains in which some IPOs have provided with listing gains of as high as 102%. (Example Tatva Chintan )  However most investors are not so lucky to get allotment.

Here are some tips to get more chances of allotment.

 

There are any upcoming IPOs in the line in which you can apply this strategy  and increase your chances to get confirmed allotment.

Some of very good forthcoming IPO are

Devyani International, Krsnna Diagnostic, Windlas, Jana Small Bank, Sri Ram Properties, Adani Wilmar, Paytm,  Rushi Soya, Go First , Star health Insurance etc.

 

How to get Confirm IPO Allotment?

Some basic tips :

1. Apply Single Lot. Applying more than 1 lot does not increase your chance of getting confirmed allotment.

 

2. Apply more than in one Demat Accounts with different PAN number like your , your wife, your kids demat a/c .

 

3. Choose highest band price

 

If price band is say Rs. 110 to Rs. 115 apply at a price of Rs. 115

4. Avoid  Last Minute rush and apply on first or surely on second day after knowing status of over or under subscription

 

 

5. Avoiding Technical Rejections like writing wrong PAN number, Wrong UPI ID , Name spell mistake etc.

 

6. Lastly you can consider Buying  Parent Company Shares

Let’s take an example to understand this trick better, Like if CMPDI is   planning for IPO in which the investors having shares of Coal India Ltd.  can apply for IPO of CMPDI in the shareholder’s category.

 Copy right Reserved@Ajit Kumar Singh