Query Trends : Edelweiss Allotment

Query : My self Jayesh Makhwana from Muscat, Oman. I got your mail id from other site,I applied for Edeweiss Cap for 120 shares and 99,000, but I didn't got a single share,my freind applied for Rs.52000 something and he got the allotment, can I know the reason for thes same and I asked the company itself at any mail id or the website? Please guide. Jayesh Makhwana

Thebullishtrends : Edeweiss Capital subscribed more than 100 times and Retail category also subscribed heavily. Onething you should remember that if any IPO subscribed more than the company offered shares, the allotment will be at lottery system. Hence nobody can involve in this process. Hence you did not get the allotment. And in your case no use to send mail, if you comes to know the IPO will subscribe heavily then you will have only two ways either you have to apply heavily in multiple applications or not to apply thats all..