Friday, February 19, 2010

What is allotment on firm basis in IPO?

What is allotment on firm basis in IPO?

What is allotment on firm basis in IPO?

Posted: 18 Feb 2010 08:55 PM PST

The password to see buy calls is: LIFEISCOLOURFUL. It will change next week, so stay tuned to these emails. The password to see buy calls is: LIFEISCOLOURFUL. It will change next week, so stay tuned to these emails. A company making an issue to public is eligible to reserve some shares on ‘allotment on firm basis’ for certain categories. The shares to be allotted on ‘firm allotment category’ can be issued at a price different [...]

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