There is huge difference between 5 lots from five applications and 5 lots from one application You can get 5 lots applied through 5 different applications but you will never get more then 1 lot in one application of 5 lots lots (if issue oversubscribed)
Just 5.36X :) ... very nice seems like still people have not understood allotment process for retail category in oversubscribed IPOs... Most amusing thing was to watch them confused whether to apply 450 shares or 480 shares
Employees, particularly PSU, are never able to value their own company. They dont know even what they have lost here. This is the real problem in our country.