Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
A cut-off price means you are willing to buy the IPO shares at the final price determined by the company, whatever that price may be. You don't specify a price; you automatically accept whatever the company decides.