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Will I get 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.

The IPO allotment is subject to the availability of shares. It is also required that you have submitted a valid application in a timely manner.

IPO allotment is not guaranteed. The allotment depends on the level of oversubscription and investor category.

A valid application is the one with,

  • Correct personal details like Name, DP ID, PAN, UPI ID, bank account no.
  • Bid price is higher or equal to the final offer price.
  • Submitted within deadline with payment of IPO application amount.

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