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 is the total number of application calculated?

Total Applications = Retail + QIB + NII + Employee + Others

Let’s take an example of LG Electronics IPO

QIB applications: 770

NII applications: 6,95,697

Retail applications: 54,49,355

Employees applications: 2,527

Total applications: 61,48,349