Can a person apply for NII as well as retail category for an IPO at the same time?

A person cannot apply for both the NII and retail categories as an IPO. He must apply in one of the categories.
Individuals who apply less than Rs 2 Lakhs are considered retail. Retail investors have a 35% reserve allocation. Retail investors may also receive a price discount from some companies. If there is oversubscription, each investor will receive 1 lot.
Residents Indians, HUFs, NRIs, Corporate entities who apply more that Rs 2 lakhs must apply to the NII category. The 15% reserved allocation for NII investors is 15% In the event of oversubscription, NIIs will be allocated on a proportionate basis.

Why companies go for less than 7 days bidding (i.e. 3, 4 days generally), When maximum number of days for which IPO bid should remain open is 7 (and minimum is 3)?

How to apply for multiple times in a IPO?

Using ASBA,how many applications can be submitted to IPO from one bank account?

What are the different modes of applying to IPO?

From one bank account, how many IPO application can be submitted through net banking?

Can an IPO application be submitted through current account?

From sweep in/out saving account,can one apply for IPO?

With my saving account, can I apply IPO in the name of family or friend?

With different saving account in the same bank or different banks, can I apply multiple time with my name?

Which field make an IPO application unique?

In an IPO application form, whom I should consider applicant if I have a joint DP account?

Can I apply in the name of a minor or HUF to the IPO?

To get maximum allotment in retail category,How many lots should I apply in IPO?

Does applying 1st day - 1st hour,changing bank account or broker change my chance for IPO allotment?

When does the allotment of IPO shares takes place?

When does IPO shares are credited to the demat account?

when does release of funds blocked for IPO to be expected in bank?

When can be listing of IPO shares to be expected?

What is the last time to apply for an IPO in the last day of IPO?

In one IPO application,should I submit three bids of one lot each at a different bid price?

FAQ Categories

Open a demat account through us and get the account opening charges waived off

Can a person apply for NII as well as retail category for an IPO at the same time?

Why companies go for less than 7 days bidding (i.e. 3, 4 days generally), When maximum number of days for which IPO bid should remain open is 7 (and minimum is 3)?

How to apply for multiple times in a IPO?

Using ASBA,how many applications can be submitted to IPO from one bank account?

What are the different modes of applying to IPO?

From one bank account, how many IPO application can be submitted through net banking?

Can an IPO application be submitted through current account?

From sweep in/out saving account,can one apply for IPO?

With my saving account, can I apply IPO in the name of family or friend?

With different saving account in the same bank or different banks, can I apply multiple time with my name?

Which field make an IPO application unique?

In an IPO application form, whom I should consider applicant if I have a joint DP account?

Can I apply in the name of a minor or HUF to the IPO?

To get maximum allotment in retail category,How many lots should I apply in IPO?

Does applying 1st day - 1st hour,changing bank account or broker change my chance for IPO allotment?

When does the allotment of IPO shares takes place?

When does IPO shares are credited to the demat account?

when does release of funds blocked for IPO to be expected in bank?

When can be listing of IPO shares to be expected?

What is the last time to apply for an IPO in the last day of IPO?

In one IPO application,should I submit three bids of one lot each at a different bid price?

FAQ Categories