Can anyone confirm getting allotment in good SME IPO issues ? Because I am convinced that some kind of scam is going on in the allotment process. Me, my family members and friends are participating in most IPO issues during last one year, with minimum application amount under retail category. Total applications are more than 200 during last one year, including good mainboard issues. But I am yet to get a single allotment. There is no transparency in allotment process. We are also in the dark if SEBI representatives supervise this.
So I am convinced that whole process is rigged. Want to take up with SEBI. Any suggestions?
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