How IPO allotment happens for NII category if it's oversubscribed?

asked Wednesday, July 25, 2018

Non Institutional Investors (NIIs)/ High Net worth individuals (HNIs) have a minimum reserve portion of 15% of the shares on offer. For NIIs and HNIs, the allotment is done proportionately. So, if the issue is subscribed 2 times, in that case 50% of the shares are alloted to an investor.

answered Wednesday, July 25, 2018

2 Comments

2. Avinash Reddy

| Link|Jul 13, 2021 4:29:37 PMReply

How IPO allotment happens for NII category if it's oversubscribed and bidding is done with various amounts by investors and IPO can be bid with various amounts.

1. Rabinarayan Hotta

| Link|Feb 27, 2020 11:01:09 AMReply

And what if the IPO is subscribed more than 100 times?

List of all questions Ask your question

More IPO Allotment Questions...

How many days it usually takes to get an allotment of an IPO?
Will the share be deposit to my account when the allotment status shown?
Why do I get redirected to other websites to when I click 'XYZ IPO Allotment Status' link?
When I check allotment status on your website it shows x amount of shares allocated to me, but I don't see them in my Demat account. Why is it so?
How can I get confirm allotment?
What is the formula for shares allotment in an IPO?
How do I know the allotment status of shares I applied in an IPO?
I apply for every IPO, but get allotment from some IPOs. Good IPOs don't get alloted to me. Where's the problem?
How to know whether I have been allotted shares and amount refunded?
How to know the allotment status of old IPOs?
I have allotted one lot of shares in an IPO. Now, what to do next?
I apply for an IPO on first day of issue, morning time on cut-off rate but most of the time I am not allotted shares. Please guide me, what to do, what to follow?
Is there any advantage for RII (retail investors) if he applies for maximum permissible no. of lots rather than minimum no. of lots in a single application in case of a highly oversubscribed IPO?
Does applying for IPO at upper price band stands more chance of allotment than lower price band?
Does IPO gets allocated to people who apply first?
I am receiving emails and sms of allotment and application made through ASBA even though i have never applied for such IPO? How and where to track such application and lodge complaint?
How IPO allotment happens for NII category if it's oversubscribed?
Why I haven't got allotment in most of the IPO's?
If my fund is blocked in the account, does it mean I will surely get the IPO allotment?
Even if a retail investor applies for Rs 2 Lakhs, allotment is limited to only one lot. Why is it that way?
Why I didn't get IPO allotment?
How to get Confirmed IPO Allotment?
What Happens when an IPO is oversubscribed in India?
When the NII (HNI) quota in an IPO unsubscribe, who gets the remaining shares?

List of all questions Ask your question