Forum

Thanks Siddhi jee for correcting me.

Also mantra and neophyte jee, It is not 5000 but the range of small investors is from 1000 to 50,000 and the big investors above Rs. 50,000.

Thank you sansaar jee for your information.

Sansar jee, Small invester upto Rs 50000 Big invester Rs 51000 or more hunu parnema mistake type garnu vayo ki ?

Neophyte Jee,

You can't sell the share just after the allotment. They have to distribute the certificate, the certificates needs to be verified by the share registrar. The company should list the share to Stock Exchange and then only the trading starts.

But if you have the buyer with you, you can sell with mutual understanding. But that has to be traded later through stock exchange. This is what i know. If there is another process then experts please correct me.

ani sansaar ji,
can we sell those shares also that has just been allotted and not received share certificate? Please share the information.

Sansaar Jee,
Thank you very much for your valuable information and time. It's really helpful.

Thank you.

The investor of IPO are divided into two groups namely big investors for those who applied NRs 50,00 or more and small investors for those who apply below 50,000. Each IPO is allotted in the ratio of 40:60. For the small investors, who have applied less, those who got less than 10 kitta according to the allotment ratio are alloted by lucky draw. For, example if someone apply 90 kitta and the allotment ratio is 3%, then he will get around 2.9 kitta. But IPO can't be alloted below 10 kitta. Hence there will be lucky draw between them.

Hi,
I am new and I just want to know is how ipo used to allot. Do every applicant get some shares or this is just like a lucky draw. Please share..

Thank you.