Hello All, i am new trading and IPOs need your help i applied for Reliance Nippo how do you come to know that a lot is allocated. i do not see any info on the trading account
i see people posting to check the application status where can i find the APP no.
when we are not allotted shares in an IPO we blame the Registrar. There is no point . It is a lottery system and allotment depends on ones Kismat or fortune. Here is one example. The one works in my brokers office never applied for an IPO. He developed interest and applied for one lot in RNLAM IPO He is allotted one lot . What else can this be attributed to nothing but good fortune.