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.

How allotment is done in shareholder quota?

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.