Okay, so as far as I understand you want to know how shared investments can help with IPO subscriptions.Thank you for your inputs 👍 but am referring to Ram Bhai's Quote 👇
And you responded ☝️
So in relation to that, am not able to grasp your answer Fully,
If you can elaborate it little more. 🫡
answer -- Here’s the thing: SEBI’s basic rule for IPOs is that retail investors get only one share, no matter how much they invest. But for HNI investors, there’s no such limit. But there's a catch, your investment needs to be at least 2 lakhs. Now, if someone doesn’t have 2 lakhs to invest, they can team up with someone else to split the cost and apply together-thus sharing the benefits. This could definitely boost your chances of getting more than one share.