The full amount of an IPO application is temporarily blocked for approximately two weeks. The issue may be popular and the applicant will only receive a portion of the application. This is the best way to maximize your earnings through these IPO's. You can only get the maximum number of shares by applying for more shares.
IPO Funding is a way for investors to leverage their own funds in primary markets to increase their allotment.
A retail investor can apply for Rs 2 Lakhs, but not more than Rs 20,000. The remaining amount can be obtained through IPO Funding.
Although IPO funding is popular among 'Non Institutional Investors' (NIIs), many retail investors have been using it to fund good IPOs that are likely to make money.