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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 Veto Switchgears IPO. Note that there is a separate rule for allotment in each investor category (i.e. Retail, Non-Institutional, Institutional, Employee).
The Veto Switchgears IPO basis of allotment (published above) tells you how shares are allocated to you in Veto Switchgears IPO and category wise demand of IPO share.
Visit the Veto Switchgears IPO allotment status page to check the number of shares allocated to your application.
In Veto Switchgears 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 Veto Switchgears IPO basis of allotment document to know how the shares are allocated in Veto Switchgears IPO.
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