CARE just finish IPO allotment Process. Everybody happy about firm allotment rule about new IPO.
Investor checking their account no allotment against their Application.
Everybody curious about no allotment in CARE why.
What is the Problem in No Allotment ?
Simple Example clear your doubts
Suppose you are launched new company & coming with IPO.
You are issuing 2000 share for Retail Investor ( Lot size 20 & Total Lot 100).
Means you are able to deliver Firm allotment for only 100 investor .
You get 300 application for your Issue.
Investor checking their account no allotment against their Application.
Everybody curious about no allotment in CARE why.
What is the Problem in No Allotment ?
Simple Example clear your doubts
Suppose you are launched new company & coming with IPO.
You are issuing 2000 share for Retail Investor ( Lot size 20 & Total Lot 100).
Means you are able to deliver Firm allotment for only 100 investor .
You get 300 application for your Issue.
- What you do ?
- You Deliver 20 Shares every Investor (300 Investor)
- Or You satisfy only 100 Investor.
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