Why I don't get IPO allotment?

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You may not receive an allotment because a large number of shares have been oversubscribed. In such cases, the allotment is based on a computerized lottery system.

Apart from oversubscription, there are several other reasons why you may not receive an allotment.

Submission of an invalid application with some spelling mistakes, invalid DP ID, PAN, UPI ID, etc.
Submission of multiple bids using the same PAN number.
Submitting a bid at a price lower than the final issue price.
UPI mandate not approved within deadline.
Due to last minute application, the bid may not have been uploaded.

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Topic: IPO Allotment Feedback

1 Comments

1. Abhishek Kumar

| Link|April 27, 2024 1:17:57 AMReply

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Find more questions on this topic

What is IPO allotment?
How do I know if I have IPO allotment?
How IPO allotment is done if oversubscription?
When will I get the allotment/ refund of shares?
Which IPO allotment today?
What is IPO allotment status?
Where to check IPO allotment status in NSE?
Who decides IPO allotment?
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Why IPO allotment status is not available?
Will I get IPO allotment?
How IPO allotment works?
Who get IPO allotment?
How do I find my IPO allotment?
What happens after IPO allotment?
Why IPO allotment failed?
What to do to get IPO allotment?
After IPO allotment when can I sell?
What time IPO allotment is done?
What is the process of IPO allotment?
When to check IPO allotment status?
Is IPO allotment random?
Is IPO allotment based on luck?
Does everyone get IPO allotment?
Does lot size matter in IPO allotment?
Does IPO allotment depend on broker?
Why I never get IPO allotment?
What is basis of allotment?
What is basis of allotment date in ipo?
What are the chances of IPO allotment?

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