Hi GB,
Why does higher qty stands a better chance in case of lottery ??
Why does higher qty stands a better chance in case of lottery ??
they take out demand lotwise , then allot shares as per demand and shares eligible for that lot .
to understand how allotment is made , I am giving a link for GRAVITA allotment which was 36.71 times in retail. all lots got 1 lot allotemnt by lottery .
in 1 lot application 1 got out of 36 application and in full appl 37 got out of 84 applications , so higher the application quantity , stands better chance.
similar is case of MOIL , which is 32.86 times in retail
http://content.icicidirect.com/research/allotment.asp?ccode=17027970
GB
Last edited: