Skip to content
RKFS – Invest to create wealth and protect your future

Pricing

Understanding IPO Price Bands

Price band, lot size and minimum application amount — what they mean when you bid.

3 min read

Price band

The price band is the range within which bids may be placed.

Lot size

The lot size is the minimum number of shares that may be applied for in a lot. Your bid must be in multiples of the lot.

A reminder

The issue price may not reflect the price at which the shares trade after listing.

This article is for educational purposes only and is not investment advice. Investments in securities markets are subject to market risks.