How Does the Allotment Process Work if the IPO Is Oversubscribed in Angel One?

Last Updated: Mar 18, 2024 Value Broking 1 Mins 1.7K
allotment process if the ipo is oversubscribed in angel one

Investor share allocation for initial public offerings (IPOs) is called PO allotment. Selection is via lottery according to SEBI regulations.

The registrar needs about a week to finish the allocation procedure. The rules set forth by SEBI are followed when allocating IPO shares. In compliance with SEBI regulations, in the case of an IPO oversubscription, the registrar will divide the total number of shares available for Retail Institutional Investors (RII) by the minimum bid lot to determine the maximum number of retail investors who will receive initial public offerings (IPOs) after removing technical rejection.