How to get IPO allotment for sure?

How to get IPO allotment for sure?

We share answers to the basic problem of every investor after returning money from applying IPO. Before investing in IPO please know the whole process of it.

  • Can I apply for IPO from a single UPI and two different dement account?

  • No, only one IPO application per UPI ID is authorized in an IPO. If UPI is chosen as a payment method for an IPO, the name in the IPO application, Demat Account, and Bank Account must all be the same.

    It is important to note that if your bank allows it, you can utilize a 3rd Party ASBA application (applying in an IPO for various persons using the same bank account). Few banks, such as SBI, Asix Bank, and RBL Bank, provide 3rd Party IPO applications.

  • Can I Use Google Pay OR Phone Pe UPI for an applying IPO?

  • Yes, You can use it.

  • Can I apply for an IPO if I don’t use UPI?

  • If you do not have UPI, you can apply for an IPO using your bank’s netbanking ASBA programme.

  • How many lots in an IPO should I apply for in order to receive the maximum allocation in the retail category?

  • Always apply a Single Lot to getting maximum allotment.

  • What is cutoff price in IPO with example?

  • If there is a 700-703 Price range for applying IPO then always select cutoff option means if the company gives the shares in 700 or 703 you get the full allotment of shares.

  • How much time does it take to receive the mandate request on the UPI App?

  • In most cases, the mandate request is received in real time. It may take up until the end of the day, and the UPI payment status on Console may not be updated. If your money are stopped at your bank due to a valid application, the RTA will take your bid into account for allotment.

    During the issue window, you may only delete your IPO application between 12 p.m. and 4:30 p.m.

  • How to check IPO Allotment Status?

  • The money is deducted from your bank account or you can check IPO Allotment Status here.

  • How to check IPO Subscription Status?

  • You can check IPO Subscription Status here.

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