Does applying for multiple lots help in IPO?

No. You cannot apply in an IPO through multiple applications with the same name. If an investor tries doing it, then all the applications made under the same name will be rejected.

How much do IPO Lots apply?

SEBI or Securities and Exchange Board of India mandates that at least one lot should be allotted to every individual who has applied. Thus, 10,000 investors will be allotted at least one lot.

Can I bid multiple times for IPO?

No, one person cannot apply multiple times through multiple applications for an IPO. It’s a rule and if you apply in an IPO though multiple applications with same name or same demat account or same PAN Number, all of your application will be rejected.

Is IPO taxable?

“If the shares allotted in the IPO are sold within 12 months of holding then the realized gain/loss will be considered as short-term capital gain/loss and it will be taxed at 15\%. Long-term capital gain up to Rs. 1 lakh is not taxable,” he added.

Can I apply for more than one lot in an IPO?

IPO will get oversubscribed multiple times in retail category. In that case no matter how many lots you have applied, you will get maximum of one lot and that too in a lottery system based on how many times IPO subscribed in retail category. So you should not apply for more than one lot in a good issue which is expected to oversubscribed heavily.

What is the maximum amount of shares allotted in an IPO?

Under the current guidelines, no allotment is less than the minimum bid lot size. Maximum RII Allottees = (Total number of shares available for RIIs)/Minimum bid lot Practically speaking, investors can only hope to get a single lot in oversubscribed IPOs.

How to increase the chances of getting allotment in IPO?

To increase the chances of getting allotted to the shares, it is recommended to bid at the cut-off price of the IPO. All these points you can easily understand just by reading the IPO details. But what about the allotment? What is the process of IPO share allotment to retail investors? Why some people receive allotment and others don’t?

What happens if IPO gets oversubscribed multiple times?

There are two possible scenarios: 1. IPO will get oversubscribed multiple times in retail category In that case no matter how many lots you have applied, you will get maximum of one lot and that too in a lottery system based on how many times IPO subscribed in retail category.