If the total number of bids made by the applicants is less than or equal to the number of shares being offered, then complete allotment of stocks will take place. Thus, every applicant who has applied will be assigned shares.

What are the chances of getting IPO allotment?

If you apply IPO with five Demat Accounts then the Probability of successful allotment increases to five times, in comparison to if you make one application of five lots. It is best to ask friends and family members to open Demat Accounts and apply in upcoming IPOs.

Does everyone get shares in IPO?

When an issue is oversubscribed, all applications cannot be accepted despite being valid bids. Some might not get any shares at all, while others fail to get the same number of shares that they applied for.