Allotment of share in case of over subscription
This query is : Open
Sharwan Baluni
(Querist)
03 March 2012
If IPO is oversubscribe then how to allot share on pro-rata allotment on the basis of category eg 100,200,300 etc.And what is marketable/trade able lot?Is this is specified in prospectus that applicants shall apply in marketable lots.
Ankur Garg
(Expert)
03 March 2012
This kind of query is the responsibility of the agencies appointed by you to manage the issue. Agency like lead manager and manager to the issue.
Thanks
Thanks
Sharwan Baluni
(Querist)
03 March 2012
If you have any idea about that then please answer me hoping for positive result.
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