Solution of queries, from where do you subscribe the ipo,means from ASBA or offline,tell us,or you are just icing on cake, or telling fake that you got 12 lots
HI Guys where I have to give complaint for the IPO allotment because I applied for 13 lots but allotted none.as retail is subscribed only 7.5 times. I should have got at least one lot. please share me where we have to compliant Karvy looks fraud IPO Registrar company .
@nagesh @bhupendra increasing the number of lots do not guarantee that you will be allotted shares. They are allotted in a fashion that the maximum number of people get one lot, and if IPO is oversubscribed the chances become more thin. Eg: 100 lots for retail portion oversubscription 7 times so 100 people will get 1 lot each. And this is done on lottery basis. Remember to apply for only 1 lot from multiple PAN numbers.This will increase the chances.