Irrespective of the platform you are using, it is not possible to guarantee an IPO allotment. The shares are allotted using a lottery system whenever they are oversubscribed. Like other platforms, Angel One only allows you to apply for an IPO and does not ensure allotment.
You can still improve your chances of getting an IPO allotment by taking these steps:
● Make sure to use a Demat account linked with your PAN
● Applying at the cut-off price
● Check that your bank account and UPI ID are linked via the same PAN. Failing to ensure this will result in a rejection.
Let us say that person B has applied for the Latent View IPO via his Demat account with person A’s UPI ID. In this case, his application can be rejected if:
● Person A’s UPI ID is not linked to person B’s PAN number
● Person B does not have his Demat account linked with person A’s bank account