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.
Preferential reservations in an IPO is to reward loyalty, to ensure key stakeholders have an opportunity to participate and to create a more stable shareholder base. These quotas ensure broad participation, reward loyal investors and align employee interests with the company's success.