Research
What does “lot size” mean in an IPO?
The lot size is the minimum number of shares in one IPO application unit. If an IPO lot contains 1,000 shares, you generally apply in multiples of that lot rather than choosing any number of shares you want. The money required therefore depends on both the issue price and the lot size.
The lot size is the minimum number of shares in one IPO application unit. If an IPO lot contains 1,000 shares, you generally apply in multiples of that lot rather than choosing any number of shares you want.
The money required therefore depends on both the issue price and the lot size.
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