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.
Retail amount collected =
No. of shares applied by Retail investors * Issue price
Let’s take an example of NSDL IPO
Number of Shares Allotted = 1,75,21,001 shares
Issue price: 800
Total retail amount collected = 1,75,21,001 shares*800
= Rs 1,401.68 crore
