IPO Tips: You keep applying for IPOs but your number still doesn't appear. Try this trick and it will work..

If the parent company of the IPO company is already listed, you can hold some of its shares in your demat account. Just one share entitles you to apply under the shareholder category, increasing your chances of receiving shares. This is a simple method that most people overlook, but it can be beneficial.

When a company issues shares, it specifies a price band. Bidding above this price, or at a higher price, gives you priority. Therefore, it's always better to bid at a higher price rather than the lowest price. This increases the value of your application and your chances of receiving shares.

According to SEBI regulations, retail investors with investments up to ₹2 lakh are considered equal. This means that investing more money isn't beneficial; instead, it's better to make the minimum application from different demat accounts for your family. This significantly increases your chances of receiving shares, as applications from different accounts are considered separate.

Many people bid on the last day, which can be risky. Technical issues or slow bank servers could cause your application to be stuck. Therefore, it's best to apply as early as possible on the opening day of the IPO.

When applying for an IPO, use ASBA (Application Supported by Blocked Amount), which is available on both bank and brokerage platforms. This reduces the risk of application rejections. Also, ensure you provide your PAN number and bank details correctly, and maintain a sufficient balance in your bank account, as even minor errors can lead to your application being rejected.

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