How to Increase Your Chances of IPO Allotment - Insights from Nischal Mittal

If you're looking to improve your odds of securing allotment in upcoming IPOs, a very smart strategy is to buy shares of the parent company of the IPO-bound subsidiary. As explained by CA Nischal Mittal, this allows you to qualify under the shareholder category, which often has a higher likelihood of allotment.

Key Examples of Parent and Subsidiary Companies:

HDFC Bank → Shareholder in HDB Financial Services IPO.
Canara Bank → Shareholder in Canara Robeco AMC IPO.
Hero MotoCorp → Shareholder in Hero Fincorp and Ather Energy IPOs.
Bank of Baroda → Shareholder in India First Life Insurance IPO.

Nischal highlights that while some IPOs are anticipated but still absent (like Wari Energy), others like Paytm made waves when they went public, and investors must prepare for quality IPOs.

Future IPOs to Watch (2025):

Reliance Industries → Parent of Reliance Jio and Reliance Retail.
ONGC → Parent of ONGC Green Energy.
Tata Motors → Parent of Tata Passenger Electric Mobility.
Manappuram Finance → Parent of Asirvad Micro Finance.
Muthoot Finance → Parent of Belstar Microfinance.

What to Do:

Mindfully identify the IPOs you're interested in.
Purchase at least one share of the parent company.
This highly qualifies you for the shareholder category, increasing your chances of IPO allotment.

For more details on holding companies and upcoming IPOs, check out Nischal's full list in the caption!

View this post on Instagram

A post shared by Nischal Mittal (@canischalmittal)

For more interesting finance content, follow Whosthat360.