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Upcoming IPO' s 🔜

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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. 🫡
Okay, so as far as I understand you want to know how shared investments can help with IPO subscriptions.

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.
 
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.
So what would be the difference if we apply one lot in direct demat vs pooling for(same amount) in 2 lakhs application ?
Like better chances of allotment !!
☝️ . .
 
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