I have applied lot of IPO still am continuously applying ,but am not getting any single allotment, but my North Indian Friend Got more than 5 IPO in last 4 month with good profit.
we also part of India, we also Indian. compare to north India we are paying more tax to central government . SEBI should allot some of share allotment to south state people also.
You are completely correct, this kind of partiality does happen in the IPO I have also experienced the same. They always give to gujus or north Indian only. I have applied to so many IPOs and have seen that these gujus, marwadis, and north Indian people have gotten the most benefits from it. as if there is some kind of caste system in these IPOs
we also part of India, we also Indian. compare to north India we are paying more tax to central government . SEBI should allot some of share allotment to south state people also.
yes we are Indian