OnEMI Technology Solutions

IPO allotment is the process of allocating shares to investors who applied for the IPO. The allotment process depends on the subscription levels in each category (Retail, HNI, QIB).

Allotment Process

• Undersubscribed: If an IPO is undersubscribed, all applicants get full allotment as per their application.
• Oversubscribed (Retail): Allotment is done through computerized lottery. Each applicant has an equal chance of getting 1 lot (minimum application size). Remaining shares, if any, are distributed proportionately.
• Oversubscribed (HNI/QIB): Shares are allotted proportionately based on the number of shares applied for.

After Allotment

• If Allotted: Shares will be credited to your demat account by the credit date. You can sell them on or after the listing date.
• If Not Allotted: Your blocked amount will be unblocked and refunded to your bank account within 3-5 working days.