IPo allotment rules

Does applying IPo in hni category increase chances of allotment as compared to retail
Thanks

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Should depend on demand and supply in each category , but likely as hni can apply for higher volume hence even on prorate basis they should get more.

So which is the ideal way to apply ?
In hni category or in retail category ?

Nothing as ideal, you can do some reading on both the categories and can apply, Some IPOs give discounts to retail category and some doesn’t.

but as u said :
hni category has higher probability chance of getting more allotment ; as compare ; to the retail category !
correct ?

Retail can apply max upto 2 lakhs where as HNI can apply with no upper limit. But we should also check what % is reserved for each category and what is the demand in each category.

Explained here