What is IPO process in India?
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The IPO process in India follows the method of random allotment. Hence, not everyone who applies for the IPO receives the shares. The IPO allotment process is random, implying, the shares are only given to a set number of investors who have placed the correct bid and are chosen for the subscription by luck. The best way to increase the probability of getting the allotment of shares in a company’s initial public offering process is to place IPO bids at the cut-off price.