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.
An undersubscribed IPO occurs when the total number of shares applied for by investors is less than the number of shares offered by the company. This means there is low demand for the IPO, indicating weak investor interest due to factors like high valuation, poor market sentiment.
