@JayeshT Not sir it's Mam, and excluding anchor means, that anchor allocation is not included in the current received bids... Actually out of QIB quota, a company can reserve 60% for anchor allocation and rest of 40% are open bidding during 3 days, What we are witnessing in 13x of QIB is of that 40%
Allotment is not based on lots , rather it is based on applications, so irrespective of lots you apply if you are lucky you will get only 1 lot or none
272. Eagleye| Link| Bookmark|
April 9, 2019 12:18:55 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Polycab India IPO
Day 3 at 12:15PM
The following data is assuming the shares will be issued at @538/- (upper price band)
Quick Question Folks! Can anyone here throw some light on how the allocation intimation work? How will we come to know about the same - From the Bank or Broker?
270. MehulStk| Link| Bookmark|
April 9, 2019 12:49:28 PM
Top Contributor (400+ Posts, 100+ Likes)
In which category should I apply guys, HNI OR RII? where is most changes to gets some allotment? plz advice. thanks
269. Eagleye| Link| Bookmark|
April 9, 2019 12:48:18 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Polycab India IPO
Day 3 at 12:45PM
The following data is assuming the shares will be issued at @538/- (upper price band)