Who can apply at a cut-off price in an IPO?

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.

Retail Individual Bidders (RII)
Eligible Employees under the Employee Reservation Portion
Shareholders Bidding under the Shareholders Reservation Portion (subject to the Bid Amount being up to Rs 200,000)

Note: Check the IPO prospectus document to check the eligibility before you apply.

Topic: IPO Cut-off Price Defenition

1 Comments

1. Nag

| Link|May 6, 2024 1:33:32 PMReply

If applying ipo under employees reservations and eligible for more than 2 lakh, should we need to select cut off price as we selected the cut off price but getting error as cut off price can not be selected for application greater than 2 lakh. Please let us know what should we do? Do we need to select the cut off price option or not and if we not selected the cut off price will that impact to get the share for employee reserves quota ?

Find more questions on this topic

Who is not eligible to apply at a cut-off price in an IPO?

Ask Your Question