What is 'Market Lot Size' and 'Minimum Order Quantity' for an IPO ?

What is 'Market Lot Size' and 'Minimum Order Quantity' for an IPO ?

IPO 'Market Lot' and 'Minimum Order Quantity' are two important factors investor should know while bidding for an IPO.

Minimum Order Quantity,  is the minimum number of shares investor can apply while bidding in an IPO. If investor wants to bid for more shares, they can apply in multiples of IPO market lot (lot Size or IPO bid lot) of shares.

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    • How can I apply for an IPO ?

      Kindly follow the below steps to apply for an IPO: Please select the link: https://www.mastertrust.co.in/ipo-overview Here, you will get the following Options: Ongoing IPOs: Under this option, you can see the IPO’s that are currently Open. -You can ...

    • Can I revise or cancel my IPO application ?

      Yes an investor can revise bided quantity and price of an already applied Book Building IPO anytime if the issue is still open for subscription.

    • What is the UPI IPO application limit ?

      The limit for IPO applications using UPI is Rs 2 Lakh. If you want to apply for a higher amount (HNI category), you will have to choose the ASBA IPO application.

    • What should I do if I do not get IPO Refund ?

      Registrar of the IPO is responsible for processing IPO applications. This includes allotment and refund processing. The Broker is not responsible for this and should not be contacted for the same. If someone is not received IPO refund, there are few ...

    • When should I expect credit of IPO Shares in my Demat Account ?

      Shares are transferred to your demat account just before the day of listing of the IPO shares at the stock exchanges.