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Can I get multiple lots in an oversubscribed IPO?

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When an IPO is oversubscribed, it is not certain that you will get multiple lots. Sometimes it is also difficult to get one lot.

If the number of investors is less than the maximum number of allottees, one lot is assured and then it is allocated proportionally.

However, if the number of investors is higher than the maximum number of allottees, one lot is not guaranteed either, because the allotment is then made on a lottery basis.


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