Pl tell me.. In main board IPOs applying min lots in bNII and and more than that, means double or triple lots of it affects the possibility of allotment?
While applying for bNII i got the message that you cannot apply at cut off price for above 2 Lacs.. But in second attempt it was accepted to cut off price.. Whats the matter pl explain..
@Shri Bappa cut off option is available only for retail category of mainboard and SME IPO. In NII category of SME IPO and BNII and SNII category of mainboard IPO u don't have to select cut off, u have to enter price manually
@Shri Bappa In mainboard IPO there is no extra advantage in single application of more than minimum lot or lots in retail, SNII and BNII categories if that category is oversubscribed APPLICATION WISE. In BNII category of mainboard IPO u should apply for minimum number of lots allowed in that category value of which will not be more than 1015000