How to get guaranteed allotment in the HNI category?

Question

How to get guaranteed allotment in the HNI category?

Accepted Answer · 2023-11-14

Many individual today apply in the HNI category as it has a better chances of allotment. And, an HNIs who has bid for more lots than NII category oversubscription times, will surely get guaranteed allotment.

But here the biggest challenge here is to estimate or predict the oversubscription times under the NII category.

Suppose, a public issue gets subscribed 100 times by NIIs. The allotment process will be as follows;

If you have applied for 100 lots, guaranteed one lot will be allotted to you.
If you have applied for more than 100 lots, you will surely be allotted with one lot and additional shares will be distributed proportionately.
If you have applied for less than 100 lots, lottery system will brought in place where allotment is not guaranteed.

How to get guaranteed allotment in the HNI category?

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