The minimum quantity of shares that an investor may apply for in a single bid during an initial public offering (IPO) is known as the lot size. Multiples of this lot size are required for investors to apply for IPO shares.
The minimum quantity of shares that an investor may apply for in a single bid during an initial public offering (IPO) is known as the lot size. Multiples of this lot size are required for investors to apply for IPO shares.