Does anyone got allotment in SME IPO ? or it is manage internally by Company/Registar? i am applying since last more than 1 years and never received a allotement in any SME IPO.
Yes @Kishor Ghag bhai, rare but it does happen. I use 4 family accounts for IPO applications. It took me 13-14 months of applications to get my first SME allotment. But now I have got 11-12 allotments in next 18 months across the 4 family accounts. Of course, bid size has a huge role to play in successful allotment.
10.1. Iranna| Link| Bookmark|
June 26, 2024 8:13:36 PM
Top Contributor (300+ Posts, 200+ Likes)
@DISHANTK There has been oversubscription in this IPO which mean all allotments will go through lottery. In that case among your applications - probability of allotment in retail will be 1:3 v/s 1:1 in HNI. Over and above - luck plays a bigger part in allotments during such high subsctiptions. End of the day it will be your call based on this info.