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.

What does “subscription” in an IPO mean?

Subscription shows how many times investors have applied for shares compared to the number of shares offered, e.g. if subscription is , demand is five times the available shares.

What does “subscription” in an IPO mean?