It depends on the offer price. Please refer below definition of offer price from RHP of NIA.
"The final price (net of Retail Discount and Employee Discount) within the Price Band at which Offered Shares will be Allotted to successful Bidders in terms of this Red Herring Prospectus and as decided by our Company and the Selling Shareholder, in consultation with the BRLMs on the Pricing Date and advertised in all editions of The Financial Express, an English national newspaper, in all editions of Jansatta, a Hindi national newspaper, and in the Mumbai edition of Tarun Bharat, a Marathi newspaper (Marathi being the regional language of Maharashtra, where our Registered Office is located), each with wide circulation at least five Working Days prior to the Bid/Offer Opening Date, and shall be made available to the Stock Exchanges for the purpose of uploading on their website"
Alloted 2/2 I had applied through ASBA from ICICI Bank, But my Demat and Trading account are with HDFC Sec. I have the following questions because I applied through ASBA for the first time - - Will I see the alloted shared automatically in my HDFC Sec DEMAT? - Will I be able to sell the shares from there?