Optimize your cash before applying to IPO subscription.

Before you buy an IPO, understand how the IPO is distributed first. This IPO is distributed through a draw. For each draw, the amount of share distribution has been determined as per the table below.

Referring to the table above, investors who want to buy shares from 100 to 900 units will be distributed as many as 100 units of shares. According to this guide, it is sufficient if you buy only 100 units.

Another example , if your cash is only enough to buy between 6000 to 10900 unit , then you should apply and pay only 6100 units to be entitled for balloting at this tier/stage ( range of shares ) . Don't apply 10000 units because you will still be ballot at the same tier with another applicant that subscribed 6100 units.

Moving down the table, we can see a larger number of share distributions. If we look at the percentage of successful applicants, we can see that the percentage is getting higher.

So, the more lots you buy, the higher the chance you will get the requested shares. However, there are also cases where you are included in a lower ladder or tier.

Applying on the 1st or last day of subscription application period also doesn't affect your success rate to get allotment , so plan wisely.

Hopefully this tips helps . 🙏