IPO Allotment Tips and Tricks: Boost Your Chances of Getting Shares in 2025
IPO Allotment Tips and Tricks: A Retail Investor’s Guide to Success in 2025
Introduction: Why IPO Allotment Matters
In recent years, Initial Public Offerings (IPOs) have become highly sought-after opportunities for retail investors seeking quick returns or long-term gains. However, with growing investor participation and limited share quotas, getting an allotment has become increasingly competitive.
This guide uncovers smart, legal, and effective IPO allotment tips and tricks that can enhance your chances in 2025 and beyond. Whether you're a new investor or a seasoned one, these insights will help you navigate the allotment process more effectively.
Understanding the IPO Allotment Process
Before diving into the tips, it’s important to understand how IPO allotment works in India:
Retail Individual Investors (RIIs) can apply for IPOs up to ₹2 lakh.
If the IPO is oversubscribed in the RII category, allotment is done through a lottery system.
The registrar of the IPO handles the allotment and refund process.
👉 Learn more from SEBI’s official investor guide.
Top Tips and Tricks to Improve IPO Allotment Odds
1. Apply Through Multiple Demat Accounts (Legally)
Use multiple applications under different PAN numbers, such as family members (spouse, parents, siblings).
Each PAN must have a separate bank and demat account.
Avoid using the same PAN multiple times — this results in application rejection.
📌 Example: Applying for 1 lot each through your and your spouse’s account doubles your chances without breaking rules.
2. Always Apply for 1 Lot (Minimum Application)
In oversubscribed IPOs, allotment is done on a lottery basis, not proportionally. This means:
Applying for more than 1 lot doesn’t improve your chances.
Submitting multiple minimum-lot applications (via separate PANs) is more effective.
✅ This strategy works best for high-demand IPOs (e.g., LIC, Zomato, Nykaa).
3. Use UPI Mandate Carefully
A large number of IPO rejections happen due to UPI-related issues:
Use UPI IDs linked to banks that support ASBA (Application Supported by Blocked Amount).
Approve mandates quickly and verify details.
Avoid using wallets or third-party UPI apps without confirmed ASBA integration.
🔗 NPCI’s official list of supported UPI handles helps ensure compliance.
4. Choose the Cut-Off Price Option
Always select “Cut-Off Price” while applying:
It shows your willingness to pay the final discovered price.
Applications without cut-off selection may be rejected or not considered if the bid is too low.
💡 Tip: Retail investors should avoid trying to guess the lowest price band — use cut-off for assured eligibility.
5. Apply Early During the Bidding Window
Retail applications tend to surge on the last day, leading to:
Server overloads
UPI delays
Failed mandates
Applying on Day 1 or Day 2 gives you more time to fix issues, if any.
6. Monitor IPO Subscription Status Daily
Track how many times the IPO has been subscribed in each category. This helps decide:
Whether it’s worth applying
Whether to go for more applications via family accounts
🔗 Visit BSE India’s IPO subscription tracker to monitor real-time data.
7. Avoid Technical Rejections
Many applications fail due to simple mistakes:
Incorrect UPI ID or PAN
Inconsistent signatures
Mismatch between bank and demat account details
Double-check details before final submission.
Bonus: IPO Allotment FAQ for 2025 Investors
Q1. Does applying with multiple PANs increase allotment chances?
Yes — as long as each PAN has a unique demat and bank account and belongs to a legal family member. This is a widely used and SEBI-compliant method.
Q2. Does applying for the maximum amount (₹2 lakh) guarantee allotment?
No. In oversubscribed IPOs, even ₹2 lakh applications are treated equally for the first lot. After that, allotment becomes proportional only if there are leftover shares — which is rare.
Q3. Is it better to apply via ASBA or UPI?
Both are accepted, but ASBA via net banking is still considered more reliable by experienced investors, especially for large or time-sensitive IPOs.
Comparison Table: Do's and Don’ts for IPO Allotment
| Strategy | Do ✅ | Don’t ❌ |
|---|---|---|
| Apply via different family PANs | ✅ | ❌ Use same PAN more than once |
| Use UPI properly | ✅ | ❌ Ignore mandate approval deadline |
| Choose Cut-Off Price | ✅ | ❌ Try to underbid |
| Apply for 1 lot | ✅ | ❌ Apply for multiple lots expecting more shares |
| Apply early | ✅ | ❌ Wait till last hour |
| Check application form details | ✅ | ❌ Submit without verifying |
Recent Case Study: Mamaearth IPO 2023
Oversubscribed 7.6x in RII category.
Over 30% of applications were rejected due to UPI delays and form errors.
Investors who applied via ASBA + Cut-Off + early bid had the highest allotment success.
📊 Learn from historical patterns using Moneycontrol IPO Data.
Final Thoughts: Play Smart, Stay Legal
IPO allotment is not purely luck — it’s a mix of strategy, timing, and attention to detail. In 2025, with tighter regulations and higher investor participation, following the right steps gives you a competitive edge.
To summarize:
Apply early
Stick to one lot per PAN
Use multiple family accounts
Double-check UPI/ASBA details
Choose Cut-Off Price
 (1200 x 630 px) (1200 x 630 px) (1200 x 630 px) (1200 x 630 px).jpg)
 (1200 x 630 px) (1200 x 630 px) (1200 x 630 px) (1200 x 630 px).png)
 (1200 x 630 px) (1200 x 630 px) (1200 x 630 px).jpg)