You can check the status of the IPO application on the website or app of the broker/bank where you applied for the IPO. You can also check the status of your application on the website of the NSE and the BSE. The allotment status of an IPO application is available on the Registrar's website.

Yes, you can apply for an IPO in the HNI category in the same way as in the retail category. The only thing you need to note is that you need to select 'HNI' as the investor category in the IPO application form. A high net worth individual (HNI) is a retail investor who bids more than 200,000 rupees for shares in an IPO. HNI IPO Applications are part of the non-institutional investor (NII) portion. NIIs are divided into small NIIs (sNIIs) and large NIIs (bNIIs) depending on the amount of subscription. The sNIIs are investors bidding for shares worth between 2 lakhs and 10 lakhs and the bNIIs are investors bidding for shares worth more than 10 lakhs.

An investor may apply for an IPO through any bank account that is in the investor's name, provided the bank supports the ASBA facility. When an investor applies through a broker/bank, the bank account associated with his/her profile is automatically selected. However, when an investor applies offline, he/she can specify any ASBA-supported bank account in his/her name.
Note:

• Only one application per person (unique PAN number) is allowed for an IPO. There are some exceptions for applications in the employee and shareholder category.
• The name in the IPO application must match the name of the primary account holder of the demat and bank account.
• Duplicate applications will be accepted at the time of application but will be rejected at the time of allotment.

An investor may only submit one IPO application per PAN and the demat account used for the application should be in the same name as the PAN. If you have multiple demat accounts, you may submit the application through any demat account as long as it is in your name as the primary account holder. If you submit the application online through a broker, the demat account associated with your profile is usually selected automatically. However, if you submit the application through net banking or offline, you can enter the details of any demat account in your name.
Note:

• 1 IPO application is allowed per person (unique PAN)
• The name of the primary account holder in the demat account and bank account holder must match the name in the IPO application.
• All duplicate applications will be rejected by the Registrar at the time of allocation.

The IPO application number or PAN number is used to check the IPO application status. The allotment status could be found on registrar's website once the allotment is declared. You can check the status of IPO application through the trading platform of the broker or the stock exchange (NSE / BSE). You can also check the status with the broker/bank through which you applied for the IPO.

You can apply for IPO offline by submitting the physical IPO application form to the nearest broker, SCSB, Syndicate Member, Registrar and Transfer and Agents (RTA) or DP.
Steps to apply for IPO offline:

1. Download the IPO application form from the exchange website or procure the physical form from the nearest broker/syndicate member office.
2. Fill in the applicant details like Name, Address, PAN, contact details, Email ID, DP Details.
3. Select the investor category.
4. Enter the bid details like quantity and price.
5. Enter the application amount in words and figures.
6. Provide the ASBA bank account no. or the UPI ID.
7. Sign the form.
8. Submit the form to the nearest intermediary.

Note:

• If the payment mode selected is UPI, you can submit the form to any of the intermediaries mentioned above except SCSB.
• You can register your details as a one-time process with NSE so that you do not have to enter these details each time when you download the form.

A retail investor can bid at any price within the price band or can bid at cut-off. Cut-off means the investor is ready to pay whatever price is decided by the company at the end of the book building process. While making the application at Cut off, the investor is required to pay the amount at the highest price band.. The excess amount, in case the price discovered is lower, is refunded. Cut-off option can be exercised only by Retail Investors and Employees of the issuing company applying in the Employee Category.

A Bid-lot is the pre-determined number of shares which have to be applied for by an investor. It is different for each issue. There is a minimum lot size which is pre-decided by the company and mentioned in the application form. Eg: Minimum bid lot in IPO of XYZ co. - 10 Bid-lot Multiples of 10 Price Band - 100-120. It means that a retail investor cannot apply for less than 10 shares in that particular issue. The application for more than 10 shares has to be in multiples of 10 like 20,30,40,etc