Process of IPO Allotment Explained
0:54
YouTubeManoNivesh
Process of IPO Allotment Explained
The allotment of shares in an IPO is typically done through a process that ensures a fair distribution of shares among the investors who have bid for them. Here's a simplified explanation: 1. Subscription Levels: After the IPO bidding period ends, the exchange calculates the subscription levels for the shares. This is the ratio of the total ...
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