Allotment \ During an IPO, this is the number of shares granted to each participating underwriting firm that they are permitted to sell. Remaining surpluses are then given to other firms which have won the bid for the right to sell the IPO.
The distribution of shares to applicants in a new issue. Applicants may get all the shares they applied for or, if the new issue is oversubscribed, the allotment will be scaled down either pro rata to the amount which each person applied for or, in some cases, using a random ballot.
Allotment / during an ipo, this is the number of shares granted to each participating underwriting firm that they are permitted to sell. remaining surpluses are then given to other firms which have won the bid for the right to sell the ipo.
the distribution of shares to applicants in a new issue. applicants may get all the shares they applied for or, if the new issue is oversubscribed, the allotment will be scaled down either pro rata to the amount which each person applied for or, in some cases, using a random ballot.