Reliance’s Jio Platforms IPO allotment on Mon, Oct 26: What happens to your money if you get none, one or many lots?

Jio Platforms’ IPO was oversubscribed, leading to uncertainty in allotment, particularly for investors seeking multiple lots. Applicants not allotted shares will have their blocked funds released. Those allotted one 12-share lot will be charged ₹13,428 at the upper price band.