Allotment of IPO Shares for Retail Investor and NII (HNI - Retail investors with more than 2 lakh)
Channel: Winning Strategies
Date: 02/11/2021

Allotment of IPO shares when oversubscribed
Retail Individual Investors - RII (with capital of less than 2 lakh)
HNI - a part of NII Non Institutional Investors. HNI are those retailers who invest more than 2 lakh.
How many lots to invest to get allotted?
lottery or proportional system for HNI?
Nykaa FSN Ecommerce IPO allotment example shown