Something Fishy..... it is a general rule.. in a IPO.. Such that User''s will get the Allocation in Lots... for ICICI it will be 44 shares... but many of my friends got Partial Lot allocations like 20~22 shares... what the hell is going on... why keeping the Public in Dark.. the Amount credited doesn''t add up...
Only in retail category, it will be 1 lot minimum. So no-one can get less than 44 shares in retail category. Above that its not necessary multiple of 44.
Hey... as we speak, I got an SMS message from ICICI Bank. The message reads "Dear Customer, Your A/c XXXXXXXX99 is debited with INR 14696.00 on 27 Sep Info. EBA*PUR SHAREHOLDERS ICI*201....
This means, I got 44 shares allocated under shareholders'' category. I applied for 6 lots.