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What is the minimum possible allotment amount in Small HNI category?

When you apply in small HNI your IPO application must be between 2 to 10L Rs. In case IPO is oversubscribed in Small HNI category, allotment will be done via lottery. Size of each allotment will be fix to min HNI category size which usually are 14 lots.

So in that case you have invested 2,00,000 or 9,99,999 Rs, the one who is selected in lottery, will get 14 lots only.

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1. MAYURBHAI HASMUKHLAL SHAH Sep 29 2023 05:21:23 PM Reply
IN SME IPO MANGLAM ALLOY I HAVE APPLIED FOR SMALL HNI BUT IGOT ONLY ONE LOT ALLOTMENT WHAT IS THE PROCEDURE FOR ALLOTMENT IN SME FOR HNI