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The IPO allocation is based on the subscription level and the investor category.
Refer to IPO allotment rules and methods for more details.
Check the basis of allotment document above to know about how the shares are allocated in Popular Foundations IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).
The Popular Foundations IPO basis of allotment (published above) tells you how shares are allocated to you in Popular Foundations IPO and category wise demand of IPO share.
Visit the Popular Foundations IPO allotment status page to check the number of shares allocated to your application.
In Popular Foundations IPO allotment process, the registrar separates valid and invalid applications. The invalid applications with technical errors are rejected and only valid applications at or above the cut-off price are considered for allotment.
For more information, please refer to IPO Allotment Process and Basis of Allotment.
Check the Popular Foundations IPO basis of allotment document to know how the shares are allocated in Popular Foundations IPO.
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