Alankit is a cheat and bse allowed it as a registrar which itself shows that even bse didnot want to took the process honestly...shares will be alloted only to those who are having insider links.
This new registrar would have bribed someone to get business. Otherwise no point giving business to this firm against established players like Karvy or LinkinTime.
I applied for IPO in Non-institutional segment. Is it allotted on lottery basis or proportional basis? I applied at cut off rate of INR 60. please help.