Process of IPO Allotment when an issue is over-subscribed
Initial public offering (IPO) Initial public offering (IPO) is a form of public offering where shares of a company are sold to institutional investors and also to individual investors. An IPO is usually underwritten by one or more investment banks. Who arranges for the shares to be listed on one or more stock exchanges. Talking of stock exchange you can also read about SEBI. Allotment of IPO in different cases will be [...]