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IPO Basis of Allotment List 2020

IPO Basis of Allotment is a document published by the registrar of an IPO after finalizing the share allocation based on regulatory guidelines. This document provides information about the demand of the IPO stock.

The IPO allotment information is categorized by the number of shares applied by investors. For each such category detail bidding information is provided in this document including the number of valid application received, the total number of share applied, the ratio of the allotment and number of shares allocated to the applicants.

Ratio of the allotment is a critical factor for IPO's oversubscribed multiple times. This field tells how many applicants will receive a single lot of shares among a certain number of applicants. For example, ratio 1:8 means only one out of eight applicants received one lot of shares; ratio value 'FIRM' means all the applicants are eligible to receive a certain amount of share.

IPO Basis of Allotment List 2020

Company Name Exchange Issue Open Issue Close Issue Price (Rs)
SBI Cards and Payment Services LtdBSE, NSEMar 02, 2020Mar 05, 2020755

1 Comments

Tanvi Gandhi
1. Tanvi Gandhi  Dec 8, 2019 19:36 I Like It. | I Don't Like It. | Report Abuse Reply
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