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.
When an IPO is oversubscribed, SEBI rules ensure a fair allotment. The goal is to give the maximum number of applicants at least one lot, especially in the retail category.