As an Investor please remember the following simple points when applying for an IPO :

Filling the Form

• Fill in the IPO Application Form completely and correctly in English
• Fill in all the relevant details in BLOCK LETTERS
• Whenever your application amount exceeds Rs.50,000/- please ensure to mention your Income Tax PAN/GIR number. If you have applied and not been allotted a PAN number you need to clearly mention "Not Allotted"
• Do not forget to fill in your bank details like the name of your bank, account number and branch details. This will ensure that the refund orders and dividend warrants do not fall into wrong hands.
  

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Making Payment

• Under Section 269SS of the Income Tax Act, if the amount payable on application is Rs.20,000/- or more such payment should be made necessarily by cheque/DD/stockinvest. If cash payments are made in such conditions then applications are liable to be rejected.
• Remember to attach separate cheque/DD/stockinvest with each form
• Do not forget to write the application number on the reverse of your cheque/DD/stockinvest
• Ensure that your stockinvest is filled up completely including Issuing Branch Name, Issuing Bank Name, Branch Manager's Signature and Date
• Never use third party stockinvests. The first/sole applicant should be one of the purchasers
• Stockinvests should be used within 10 days of the issue of the instrument

Other Issues

• Thumb impressions or signatures other than in English/Hindi or any other languages specified in the 8th Schedule of the Constitution of India must be attested by a magistrate or a Notary Public or a Special Executive Magistrate under his/her official seal.

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• In case of applications made  under Power of Attorney or by limited companies, corporate bodies, trusts etc.., a certified copy of the Power of Attorney or the relevant authority, as the case may be, must be lodged separately along with a photocopy of the Application Form at the office of the Registrars to the Issue simultaneously with the submission of the Application Form, indicating the name of the applicant along with the address, application serial number, date of the submission of the Application form, name of the bank and branch where it was deposited, cheque/DD number and name of the bank and branch on which it was drawn.
• Applications may be made in single or joint names (not more than three). In case of joint applications, all payments will be made to the First Applicant and all communications will be addressed to the name and address of the First Applicant.
• An investor should submit only one application form for the total number of equity shares required. Two or more applications will be deemed to be multiple applications if the sole/first applicant is one and the same and are liable to be rejected.

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Remember, a majority of applications forms get rejected because the investor does not bother about these minor details. Keep the above details in mind to reduce the chances of your application being rejected on technical grounds.