Equity / Stocks - IPO Oversubscription in MARKETS - Hi mani,
If an IPO is over subscribed how it will be allotted, If apply for 100 shares and IPO ...
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04-17-2014 09:58 PM
IPO Oversubscription
Hi mani,
If an IPO is over subscribed how it will be allotted, If apply for 100 shares and IPO is over subscribed by 10 times, would I get atleast 10 shares ? or how they will allocate ?
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04-17-2014 10:04 PM
Originally Posted by
narayanarvr Hi mani,
If an IPO is over subscribed how it will be allotted, If apply for 100 shares and IPO is over subscribed by 10 times, would I get atleast 10 shares ? or how they will allocate ?
If its 10 times over-subscribed ... You will get one lot if you applied for 10 lots .... Anything less than 10 lots, is lottery system (Means, if you applied for 7 lots, its random chance of 70% of being allocated 1 lot)
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