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Why didn’t I get an IPO allotment?

Key reasons for not getting an IPO allotment are:
  1. IPO oversubscription and allotment is done through a lottery

  2. Application rejected due to mismatch/incomplete information

  3. The issue price is higher than the bid price

  4. IPO Oversubscription Based on demand and supply, it is possible an IPO oversubscribed (received more bids than the available shares for the public). Here are the two cases of oversubscription to allocate shares.

  5. Application Rejected

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