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IPO Lot Size

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Lot Size refers the total number of shares investor can buy in one transaction

Lot size is the minimum number of shares investor can bid in an IPO. If you want to bid for more shares, it has to be in multiples of the lots size. For example, if the lot size for an IPO is 1500 shares, you have to bid for at least these many. If you want to bid for more, it will be in multiples of 1500, such as 3000 and 4,500.

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