Hello sir ,
I have few questions regarding the lot size you have mentioned . Yes what you have mentioned in here about subscription rate and chances of allotment makes sense .
However , If I calculate , most of the IPO applicants are using IPO financing as a tool to apply , which also has a limit of 1crore as maximum lending option per individual . So for SME IPO person A can apply maximum of 70-80 lots if he is using IPO loan facility which might be less number for IPO with HNI subscription of 100 times or more .
Now if you say , an Individual B may have 6 crores , will he really apply that much amount for IPO.??
I hope you are getting my point . please revert back if I am wrong somewhere in calculations.
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