Understanding IPO Allotment: Why You Might Not Get Shares

Why am I not getting an IPO allotment after applying through FYERS?

When applying for an Initial Public Offering (IPO) through FYERS, not receiving an allotment can be attributed to various factors. The allotment process is primarily influenced by the IPO's demand, the subscription level, and the allotment methodology adopted by the issuing company.

High demand or oversubscription scenarios often lead to a lottery-based allotment or proportionate distribution, where the chances of receiving shares are reduced. At FYERS, we strive to provide our clients with comprehensive support and guidance through the IPO application process, but the final allotment is beyond our control and is determined by the IPO's subscription dynamics and the issuer's discretion.
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