Suppose an IPO is oversubscribed 50 times in the HNI category and oversubscribed 30 times overall. If a person applies for 200 lots in the HNI category, how does the allotment process work?
Will the allotment happen on a proportional basis, or will it be based on a lottery?
Does applying with more lots than the number of times oversubscribed guarantee allotment?
Suppose an IPO is oversubscribed 50 times in the HNI category and oversubscribed 30 times overall. If a person applies for 200 lots in the HNI category, how does the allotment process work?
Will the allotment happen on a proportional basis, or will it be based on a lottery?
Does applying with more lots than the number of times oversubscribed guarantee allotment?
applied for MAMATA - 1 HNI lot rest DAM , tranrail , senores, sanathan applied from 4 accounts retail
if allotted will hold DAM and senores will sell mamata and all on listing day