IPO allotment chances

Generally, we hear that applying as HNI improves your chances of allotment. However, I see that its subscription rate is much higher than Retail category. So, does it make sense to apply as retail instead of HNI?

Generally, we hear that applying as HNI improves your chances of allotment. However, I see that its subscription rate is much higher than Retail category. So, does it make sense to apply as retail instead of HNI?