Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
If the shareholder quota is undersubscribed, all eligible applicants may get full allotment. In case of oversubscription, allotment is done on a proportionate basis.
Each eligible applicant in the shareholder quota is allotted shares on a proportionate basis, depending on how many shares they applied for relative to the total oversubscription in that category.