Anyone got IPO allotment from IDFC First ASBA via netbanking?

95°
Super Stud
InvestPotato

Hi, 

I have applied for more than 12 IPOs in the last 2 months using IDFC ASBA but I have not received a single allotment yet. 

I know it does not matter from where we apply but wanted to understand If I am doing anything wrong while applying the applications and if anyone in past have received a IPO allotment from IDFC ASBA.

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Deal Cadet Deal Cadet
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yes, LIC... still in loss.

Deal Lieutenant Deal Lieutenant
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Good IPOs are oversubscribed more than 250 times, so there are significantly fewer chances for allotment.

Apply in all family member names then maybe there is a chance.

Super Stud Super Stud
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12+ IPO none subscribed

Few family members got the allotment,
Helpful Helpful
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Got more than 5 times in last 18 months 

Super Stud Super Stud
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1. Through IDFC ASBA? 

2. Retail Application or HNI Applications? 

3. How many IPO did you apply for?

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Deal Cadet Deal Cadet
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It seems that the issue isn't related to your bank account; rather, it might be connected to your name. I've been experiencing a similar problem myself; no matter how many times I've applied, I never seem to get any IPO. The last IPO I received was SBI Cards. Since then, it's been a cycle of blocking and unblocking for me. I initially used IDFC First, then switched to Axis, and later returned to IDFC because it offers better interest rates.

Pro Entertainer Pro Entertainer
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What do you mean? Like Name mismatch with PAN?

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