@ Amateur Lot wise lottery is done. For single lot appl.ratio is 282:2129 i.e 13.2456% For other lots, it may differ it a bit . As in this case 20:151 i.e 13.245% So in this case, single lot applicants are only a bit ahead arithmatically.
Asoke Sarkar. Got it. Thank you. I thought in oversubscribed IPOs, applying any number of lots will be equivalent to applying 1 lot. But I see that''s not the case actually.
@Amateur Investor Actually that is the case as you can see above in Ashoke Ji''s Comment For single Lot - Allotment ratio = 13.2456% And For other lot - AR = 13.245%
Difference is very miniscule.
So multiple lots chances = Single Lot chances as in RII - Allotment is on Application Basis . Doesn''t matter if that Application is for Single lot or Multiple lots