kindly anybody tell me if I have written wrong DP ID in my application form for an IPO then application can be rejected or will it process? Thanks in advance
For IPOs which are expected oversubscribed 40-70 times, the strategy will be to apply for the min. quantity at the cut-off price. Applying more will only cause the blockage of our funds.
Chances of getting allotment in retail category very slim since oversubscription id more than 53 time. However, I feel that the lising rate may not be so great in the prevailing market scenario.
Hi Harish, As retail oversubscribed by around 54 times changes for getting shares for 160 applied is around 1:7, which means one in 7 people who applied for 160 shares will get 20 shares.
i have applied for 160 shares at cut off price ?? can any body tell me will the allotment will be on lottery basis or on pro-rata basis??do i hold any chance of getting some shares??