Alpine Texworld GMP ₹2 ▲ 1.90%Millworks Technologies GMP ₹350 ▲ 105.74%Laser Power & Infra GMP ₹36 ▲ 16.82%SBI Funds Management GMP ₹111 ▲ 19.34%Happy Steels GMP ₹5 ▲ 7.58%Devson Catalyst GMP ₹46 ▲ 38.98%
IPO Index
Frequently Asked Question

What is the formula for shares allotment in an IPO?

Answer

IPO allotment probability depends on the subscription rate. Retail investors applying for more than the lot size are guaranteed allotment. On the other hand, others are subject to a lottery system.

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