Accent Microcell Limited IPO Message Board (Page 17)

​@Babal 

Check this thread

https://www.chittorgarh.com/ipo/ipo_discussions.asp?a=1574&c=694065&ap=0

​@Deep IPO Learner  Sir there is no straight answer in yes or no

Suppose hni subscription is 500x, for a lot of 10 minimum 25 applications are required to qualify for a lottery but if applications are 74 still only 1 applicant will be allotted.

25÷500×10 = 0.5, so 1 allotment out of 25
50÷500×10 = 1, so 1 allotment out of 50

74÷500x10 = 1.48, so 1 allotment out of 74

So here if applications are <25 then it's not at all good. If applications are 70 then also it's not good as compared to 30 applications.

But here definitely allotment chance is better than 9 lot as it needs minimum 28 lot to qualify for lottery.

So plan your funds, apply for more possible lots, pray to God and forget. Finally allotment is based on luck 🙏
Note: For confirm allotment one has to apply with tentative 380+ lots 🙂

Hope it's clear and I didn't confused you 🙏

There will be many with 8 lots, so go ahead and apply 🙏