If the retail quota is over subscribed more than 100% in terms of applications then the allotment is via lottery. The chances or probability of a person getting allotment is same irrespective of number of lots. So if you think that application wise the issue will get oversubscribed then it is wise enough to restrict application to a single lot.
Applications are segregated lot wise first and then shares are alloted to applicants This link confirms that more the lots, more are your chances when you consider overall gross subscription http://infoaboutsharesmarket.blogspot.in/2016/08/ipo-allotment-process.html
596. Chem cho| Link| Bookmark|
August 25, 2016 3:58:12 PM
IPO Guru (2500+ Posts, 2700+ Likes)
to 573.1. SAMSHED, galiya likhne ka shaukh hey to kisi poen site me join ho jao. yeh forum sirf seriously business karnewalo ke liye hi hey. yeh professonal logo ki site hey teri street ki pan ke galle ka corner nahi. * teri galiya tuje return with hates.
I am having 4 accounts with it in my family, my dad is having account with icici direct but he''s now shifting all shares to his zerodha account. if you are placing orders yourself on mobile then it is best but I haven''t use their call and trade, they charge 20 Rs per order extra for call and trade.. want to ask anything else 9 4 1 7 9 eleven four sixty
587.3. Lahari| Link| Bookmark|
August 25, 2016 11:48:31 AM
(300+ Posts, 300+ Likes)
Currently IPO option is not available.
587.4. Lahari| Link| Bookmark|
August 25, 2016 11:48:38 AM
(300+ Posts, 300+ Likes)
It is good for educated people who have little bit knowledge about computers and internet or atleast you need to know how to use android app to do trading. I am using this and good for me as i am an IT professional. We need to do everything ourself... but the advantage is your brokerage will be very less when compare to others in market. Overall good experience with ZERODHA..still using...