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|July 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|February 27, 2020 11:01:09 AMReply

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

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