Mega Bank has fixed the number of shares to be allotted to different
categories of applicants in its Initial Public Offering (IPO).
One
of the issue manager official confirmed that each investor in the small
category will get 6.2 percent of shares whereas big investors are
likely to get 3.6 percent of shares each.
Considering all the
factors, small investors are likely to get
31 unit of shares out of
their investment of Rs 50,000 and big investors 36 units of shares each
if they have invested Rs 1,00,000 amount. Both are approximate figures.
Those
who buy up to Rs 50,000 worth of shares fall in the category of small
investors, whereas those who have invested more than Rs 51,000 are
called big investors.
Likewise, those who had applied for shares
worth Rs 15,000 or below will have to count on their luck as they are
likely to be allotted shares through lottery.
Maximum shares that would be allotted to those who are selected through the lottery is 10 unit.
The allotment will be announced on Asar 30, and the refund within the first week of Shrawan, likely from 4th of Shrawan.
src sharesansar
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