There is no way to assure allotment for the LIC IPO or any other public issue that you have decided to apply for. Since oversubscription is a common affair here, shares are allocated via a lottery system. So, it is not possible to promise allotment of any public offer.
Nevertheless, you need to keep in mind that the Angel One platform only allows you to apply for an IPO, and it does not offer any guarantee regarding the allotment.
But, you can increase your chances by following some tips –
● Using a Demat Account linked with your PAN
●Applying at the cut-off price
●Confirm that your bank account and UPI ID are linked through a single PAN, and failing to keep that can lead to rejection. For instance, person X has applied for the Shriram Properties IPO via his Demat Account but person Y’s UPI ID. In such cases, the application can get rejected due to –
●Person Y’s UPI ID is not linked with X’s PAN
Person X’s Demat account is not linked with Y’s bank account