What is IPO? Initial public offering! how to get Allotment?
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When a private company first sells shares of stock to the public, this process is known as an initial public offering (IPO) an IPO means that a company's ownership is transitioning from private ownership to public ownership. For that reason.
If you participate and buy stocks in an IPO, you become a shareholder of the company. As a shareholder, you can get profits from sale of your shares on the stock exchange and get Dividends offered by particular company.
Stors who do get IPO allotments usually get such low quantities or Maximum 2lakh of shares that it hardly makes a difference to their wealth.
After an IPO, the company's shares are traded on a stock exchange. It may take upto 8 to 10 Days to list in stock Market Post IPO process.
The Stock listing price is different from the offer price (IPO) and is decided by the Investment bank, it becomes available for all shareholder to trade in the stock market and IPO buyers can sell in open market.
For the IPO buyers it costs minimum 10000 to maximum 15000 per lot. can buy multiple lots upto 2lakh.
Incase IPO buyers dint get the allotement the money will be refunded back to the same account from where it was debited.
Choose Higher cut of price and buy minimum lot to get allotment for sure.
