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Missed out IPO allotment? Here's what happens when issue is oversubscribed

Missed out IPO allotment? Here's what happens when issue is oversubscribed

A number of big-ticket issues such as Zomato, Sona BLW and Clean Science have already hit the primary market so far in 2021. If you applied for the IPO, there are chances that you may have missed out on the allotment. Zerodha & True Beacon's Nikhil Kamath explains why this could have happened.

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