Ipo Allotment Process। How shares are alloted in ipo?

Retail investors are individuals like i and you. Retail investors can bid maximum upto 2 lakh rupees. If you bid in ipo more than 2 lakh rupees then you are called high net worth investors.

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[{"selector":"#anim-e1830bcb-6936-4cb4-ab37-db4a3fcdd98d","keyframes":{"transform":["scale(1)","scale(1.5)","scale(0.95)","scale(1)"],"offset":[0,0.33,0.66,1]},"delay":0,"duration":1450,"easing":"ease-in-out","fill":"both","iterations":1}] You can not buy one or two shares in ipo. You have to buy a lot (group of shares that is decided by the ipo company). Understand with an example. Imagine P company brings their fixed price issue

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[{"selector":"#anim-682eacc9-f25f-43e7-99d1-62318b5c38aa","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] If you bid from 1 lot to 125 lot then you are called retail investors and have to apply for ipo from retail investors category. Because the price of 125 lot is or less than 200000 rupees

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