Free Account Opening + AMC Free Demat
Loading...

Does lot size matter in IPO allotment?

Zerodha (Flat Rs 20 Per Trade)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Yes, lot size matters in an IPO because lot size is one of the factors considered in the allotment of shares.

It is important to apply for an IPO with a minimum lot size or a multiple thereof. Allocation of shares is done in the form of lots, and only the leftover shares are allocated as 1 share or so.


Comments

Add a public comment...