What is ‘Market Lot Size’ and ‘Minimum Order Quantity’ for an IPO?
Jainam Broking Limited
Last Update 2 jaar geleden
Minimum Order Quantity:
As the name suggests investors have to purchase a minimum number of shares fixed by the company or the exchange while bidding for an IPO.
For Example, if a market lot size of a company is 200 shares and the minimum order quantity is 600 then one has to buy 3 lots minimum.
Market Lot Size:
It means when an investor is planning to bid on an IPO they need to purchase the minimum number of shares allocated in a single lot.