Some words went missing, hence reposting :
@rahulkrjain Sir, applying higher lots in bHNI than minimum sometimes offer better chances of allotment but is not always beneficial. Let us understand it through BoA (basis of allotment) of Go Digit ipo recently concluded.
In bHNI, min shares allotted are 770 (or 14 lots) to min shares application of 3685 (or 67 lots). Here ratio of allotment was 19:31 (or ratio of 1.63). Now check sl. no. 6 here for 72 lots, ratio of allotment is 1:2 ( slightly better than that for 67 lots). However, for 76 lots (s.no. 1001) there was just 1 application and hence not considered in lottery at all.
Hope it helped 🙏