Comment on Trading Q&A
commented on
27 Mar 2017, 11:31 PM
I m curious to know abt the allotment process in IPO…why don’t HNI or NII get allotted more then one lot in an oversubscribed IPO !??!???…and if it is usually a case ,that in case of oversubscription each account is eligible only for a single lot only,no matters how many lots they have applied for,then why ppl borrow huge chunk of money for subscribing in the NII or HNI segment???????i myself has applied for DMart from 3 different accounts.Each amounting to 2 lac but was allotted only single lot in each …:so is it bttr to invest only 45k instead of 6 lacs????