I think the lot size is determined in such a way that the amount of 1 lot ranges between 10000 to 15000. & Such amount is calculated before deducting any discount to any specific class of investor.
General Query Guys - Is it true when the retail applications are oversubscribed the allotment will be 1 lot per application irrespective of the number of lots applied? and it is wise to apply just one lot in that case ?
»» Issue Open: Aug 1, 2017 - Aug 3, 2017 »» Issue Type: Book Built Issue IPO »» Issue Size: 33,984,000 Equity Shares of Rs 10 aggregating up to Rs 1,454.52 Cr › Fresh Issue of 22,656,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr › Offer for Sale of 11,328,000 Equity Shares of Rs 10 aggregating up to Rs [.] Cr »» Face Value: Rs 10 Per Equity Share »» Issue Price: Rs 424 - Rs 428 Per Equity Share »» Market Lot: 35 Shares »» Minimum Order Quantity: 35 Shares »» Listing At: BSE, NSE