retail investors can get an allotment for the maximum number of bids made.
After sailing through on the last day of bidding, Hyundai Motor India is likely to finalise the share allotment for its IPO later today. Going by the subscription numbers, all the retail investors, who bid for the issue, will likely get allotment as the category was not fully subscribed. This is also the case with non-institutional investors.
On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. In the case of Hyundai, all the retail investors can get an allotment for the maximum number of bids made.
Investors can check the allotment status through the BSE or by visiting the registrar's website. Here's how you can check the status on BSE or even on the registrar's website.
Step 1: Visit the BSE Website (https://www.bseindia.com/investors/appli_check.aspx)
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