Check your IPO allotment status online

1. An initial public offering (IPO) refers to the process of offering shares of a privatecorporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors. The transition from a private to a public company can be an important time for private investors to fully realize gains from their investment as it typically includes share premiums for current private investors. Meanwhile, it also allows public investors to participate in the offering. What is IPO

2. After some days of bidding, the process of allotment of shares in IPO begins. In IPO we cannot bid for any number of shares. The company that is issuing IPO decides the lot size and we can buy those shares only is those lots or their multiple. For Example if any company who is issuing IPO decides lot size of 10, then we have to either bid for lot of 10 shares or multiples of 10 i.e 2*10 or 5*10 etc. To invest in IPO we need to buy at least one lot of shares. If your bid is higher than 2 lakhs then you will have to apply from HNI category. If number of bids are more than number of lots then we say that IPO is oversubscribed. Check your SBI Card IPO allotment status today! IPO Allotment Process

3. IPO allotment status provides the detail about the number of shares allotted to the investor in an Initial public offer (IPO). IPO allotment process is carried out by the registrar of the IPO.  IPO allotment date is the date when the allotment status is announced to the public on the website of the registrar of the IPO. • IPO allotment calculation is published by the registrar in the basis of allotment document. Investors can do IPO allotment check by visiting the website of the registrar (i.e. Linkintime, Karvy) once the allotment is done.  • IPO Investors are also informed about the new IPO allotment status by BSE, NSE, CDSL, and NSDL through email and SMS. Check your SBI Card IPO allotment statustoday! How to check ipo allotment status

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