@Tejas Pandya , Actually I'm okay with new SEBI rules as it gives us a chance atleast to get 2 lakh allotment with capital of 80 lakhs - 1 Crore even in highly oversubscribed IPO's.
With older rules, I believe capital requirement would be much larger to get a substantial allotment (say 2 lakhs worth of allotment).
So its fine, just that the luck didn't click this time.
The same new HNI rules have helped me earn really good amount this year from the primary markets.
@PLAZA , seems like this time something wrong with IDFC bank applications.
I had 7/8 applications from IDFC.
From what I vaguely remember you also primarily use IDFC bank.