I have some questions about IPO application and allotment

General
1

Hi

I have some questions about IPO application and its allotment:

  1. For an IPO to be allotted, does it matter if the Trading + Demat account isn’t being actively used?
    My Zerodha trading and demat account hasn’t seen any share sale/purchase since the past 2 years (was somewhat active before that).
    I do purchase/sell mutual funds every now and then, so the MF units hits the demat account but trading account doesn’t see any action. So I was wondering if applying for an IPO from an unused account has any role in non-allotment of IPO?

  2. Among ASBA and UPI methods which one is better for IPO allotment?
    When I had newly opened my Zerodha account, I used to get IPO allotment every now and then (I used to apply through my bank’s ASBA back then) but since the past 2 years I have switched to UPI applications through the Zerodha Kite app and I haven’t gotten a single allotment! (Sometimes I still use ASBA but its mostly UPI now).
    This makes me wonder is it something to do with the switch to UPI based application?

  3. Do newer Trading + Demat accounts have a better chance of getting allotments than older accounts?

These questions might be absurb but I have literally got ZERO IPO allotments since the past 2 years even though I apply for almost every good IPO!
Or is it just because many more people have started applying for these IPOs?

I hope someone in the know answers these questions and also about their allotment experience when applying through ASBA vs through the Kite app and UPI.

2
  1. No it doesnt matter . its all luck . try in some under subscribing IPO you will get for sure !
  2. Both same
  3. NO

check are you getting any email once it is approved you can check IPO status after applying as well.

3

I am getting all emails and SMSes w.r.t. the application and REJECTION (:sob:).
I can even track my applications through NSE/BSE websites.

Communication is not an issue.

4

Luck is the only issue .

Now we have 6 ipo lined up , apply in all and see how us is ur luck