I am thinking of opening a one online trading account in 5paisa.com i am occasional trader and mostly invest in IPO will any body will advise me wheteher this is good online trading service interms of service and charges i will be very thankful to him persons who are using this site please advise me in this regard i have already one online account in icicidirect
Sunil Do not confuse others. Allotments will be in lots only. As far as Central Bank of India is concerned, the balancing figure of 3 shares were adjusted only those who applied for maximum (960) shares. JD is right.
Hey JD, Central Bank of India IPO had a lot size of 60 shares but individuals with full application go 63 shares. No offense meant, but I don't really agree with your statement...
the actual oversubscription in retail is 6.76 times but at cut off price it works out to 6.41 times so who have applied for 1875 shares (i.e)maximum they will get confm 292 shares.