What is Zerodha IPO Cutoff Price?

The IPO Cut-off Price is the price of a share decided by the issuer company based on the demand of its share during the IPOs where the range of price is given.

An option is given to retail investors to apply at a cut-off price in IPOs. This means the IPO applicant doesn't have to choose a price. They can simply choose the 'cut-off' option and the shares are allocated at the cut-off price.

For example; a company came up with an IPO with a price range of Rs 80 to Rs 90. Instead of choosing a number between 80 and 90, a retail investor can choose Cut-off. In this case, the investor will get the shares based on the price at which shares are allocated in other categories i.e. Institutional investors.

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