Question about the 3 bids that you can make on an IPO application

Question about the 3 bids that you can make on an IPO application

They say you can’t make more than 1 bid at the “same price or quantity”. Same price meaning for eg. 3 bids at 15k inr for 100 shares, all for the same cutoff price. This doesn’t get accepted in IPO applications.

But when i try the different quantity thing, for eg. bid 1 (15k for 100 shares), bid 2 (30k for 200 shares) bid 3 (45k for 300 shares), the application gets accepted.

Now I haven’t yet tried locking in an order yet, but will this work? Will all 3 bids go through?


View on r/IndianStreetBets by bucketbrah247


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