No, pre-applying for an IPO does not increase your chances of getting an allotment. Allotment is based on random selection by the company. However, there are some benefits to pre-applying:
Benefits of Pre-Apply:
- Convenience: It ensures you submit your application early, avoiding any last-minute rush.
- Timely Submission: Pre-applying guarantees your application is submitted within the time frame, preventing rejection due to timing issues or server overload.