IPO Process - Allocation

Hi Folks

Out of curiosity , Just wanted to know how companies allocate the share in retail . I know this is a lottery process but how it all happens . Is it all automated? or is it manual ? or manual intervention is possible . I am skeptical if this can be wavered to take advantage by certain people to give benefits to their personal.



The whole process is computerized so there’s no possibility of intervention.

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IPO allotment for RII goes to draw only if its a large oversubscription.

Nevertheless, the draw of lots is computerized and hence Everyone has the equal chance to get the allotment & its totally depends on your luck.