For all those who have doubts about the allotment criteria in various categories, below is the link to understand the concept. http://www.indiainfoline.com/markets/ipo/basis-of-allotment/1
although the latest IPO''s - MGL is yet to be updated, the past records will help in understanding the general strategy adopted - based on subscription figures & no. of shares to be alloted
This is my 5th straight IPO and again zero shares allotted. This just defies laws of probability. There is definitely corruption in the allotment of shares.
I applied for 191555.00 amount in retail category for the Mahanagar Gas IPO. I got no allotment. Was there a problem with my application? Just want to know so that I dont make this mistake in future