@Heritage Wale , just divide the number of shares applied with 5.92 You have received correct allotment. 5.92 was the final oversubscription figure after the technical rejections.
Yes @Heritage Wale for me too got similar ratio ... so now one confusion is cleared ... min unit to trade is 1 share and not 150 shares ... Hope Tortoise will win the race this time also ....
Dear @GrayIsTheNewBlack , @Heritage Wale will be the right person to answer this... Go through his past post... What I understood is those are big shots who plays key role in deciding the listing price thru playing with GMP of certain IPOs...
I have Allotted 177 shares against 1 lot Applications of 1050 shares.
245. Imhilli| Link| Bookmark|
May 16, 2023 6:27:57 PM
IPO Guru (1200+ Posts, 700+ Likes)
https://kosmic.kfintech.com/ipostatus/ Allotment results not available yet.
244. Imhilli| Link| Bookmark|
May 16, 2023 6:27:23 PM
IPO Guru (1200+ Posts, 700+ Likes)
I had applied 8 lots each from 2 accounts. Got messages that 20200 and 20300 debited. Point to note is under equal lots amount debited is different. May be due to round of.
Out of topic : Listing of LIC on 17.05.2022. One year completed today. A big loss to investors even after one year. Was listed in discount. Always to think in PSUs of such a big size.
Minimum allotment 1 lot of 150 and additionally in multiples of 150 and such allotments will be done proportionately and rounded off to lots of 150 units.