Allotment in IPO FAQs

In most of the IPOs I didn't get allotment.Why?

Acceptance of an application does not guarantee that you will be allotted shares in an IPO. You will be allotted in IPOs that are undersubscribed. Oversubscription of an IPO results in allotments that are made using a particular process and a lottery.


How can someone get confirmed IPO allotment?


What are the consequences of oversubscribed IPO in India?