Dear Abhishek, Sad to know that you applied many IPOs but didn`t get allotment. But I dont think its becoz of ICICI. Theres no role of bank in this except just to send the money, and receiving the shares if they are allowoted. Well I applied for Religare but didnt get get any but this time I applied for 112 shares and got only 8. Though very less allowtment but uts OK .. Me too using ICICI Direct :)
You guys are really lucky. Mine is very bad luck. I applied for 72 shares and did not get any. Full Rs. 59600.00 has came back to my icici bank icicidirect.com.