If any IPO is oversubscribed then is it a good idea to reduce the number of lots?
6.1.KunalOct 31 2022 06:37:20 PM
Yes, If applying for Retail - go with 1 lot, for small HNI - Go with any random number (14 Lots + any random number), same with big HNI (68 lots + any random number). Buy adding a random number will increase your chance of allotment (Not 100%). For more details please refer Basic of Allotment document of past IPOs.