What is the minimum bid amount?

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• Why did my bid fail?

  Your bid can fail due to a number of reasons. However, it is most likely that your bid price was lower than the final cut-off price, making your application ineligible for allotment. You can reach out to our support team for further assistance.

• Can I cancel this bid now?

  Once your bid has been successfully placed, it cannot be cancelled. If you need help or have made an error, you can reach out to our support team for assistance.

• What is the difference between bid price and cutoff price?

  The bid price is the price per share you choose within the IPO’s price band; it is essentially the maximum you’re willing to pay. The cut-off price is the final issue price decided after the IPO closes; based on demand. If you select “Cutoff”, you ...

• Can I directly transfer funds from my bank account and place a bid?

  No, you will not be able to directly transfer funds from your bank account and place the bid. You will first need to add funds to your Belong wallet by transferring money from your bank account. Once the funds are credited to your wallet, you can use ...

• Once I bid, is my allotment guaranteed?

  No, allotment is not guaranteed. IPO shares are allocated based on overall demand and regulatory guidelines. If you do not receive shares, the deducted funds are released back to your Belong wallet.