What is the minimum subscription for IPO?

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The minimum subscription for an IPO is the minimum number of shares that a company must sell by the end of the IPO period from the total issue size.

Under SEBI regulations, each company must receive applications for at least 90% of the issue size. If the issuer does not meet the minimum subscription of 90%, it must refund the entire application amount to investors.

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Topic: IPO Subscription Feedback

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