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.
Subscription (times)=Total shares Applied divided by Total Shares Offered
Example :
Shares offered: 20 lakh
Shares applied: =40 lakh
Subscription = 40 / 20= 2×
