Open a Demat Account in Advance: Ensure you have a Demat account ready with a reputed broker well before the IPO date. Some IPOs give preference to existing customers of certain brokerages.
Apply with Multiple Accounts: Apply for the IPO through different family members or by using multiple Demat accounts to increase your chances. However, this might involve a higher investment.
Check for Employee Quota or Special Categories: Some IPOs have reserved quotas for employees, existing shareholders, or specific categories. If you belong to any such category, you might have higher chances of allocation.
Apply for Minimum Lots: Applying for the minimum number of lots might not significantly increase your chances but could allow for a higher number of applications across various IPOs.
Follow Renowned Analyst Recommendations: Consider applying for IPOs that are highly recommended by renowned analysts. This can give you an idea of the potential demand for the IPO.
Track Subscription Numbers: Monitor the subscription numbers during the IPO period. If an IPO is heavily oversubscribed, it might increase your chances of getting an allotment.
Apply for IPOs with Lower Hype: Some IPOs gain immense popularity, leading to oversubscription. Look for IPOs with good fundamentals but lesser hype, which may have relatively fewer applications.
Research Company Prospectus: Analyze the company's prospectus to understand its business model, financials, growth prospects, and industry trends. It will help you make informed decisions.
Stay Updated with Market Trends: Keep an eye on the market sentiment, trends, and news related to upcoming IPOs. Market conditions can impact subscription and allotment.
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