Lot size is the minimum count of shares which an investor can apply for in an IPO.
For example: a lot size of 400 means that an investor needs to bid for at least 400 shares or its multiples as 800 or 1200. Thus, the investor cannot bid for 600 or 1000 share.
2).Issue size:
Issue prices is the price of per equity share issued.There are two types of issue - book building and fixed price IPO ‘s:
Book building IPO ‘s: - It have a price range or price band. For example: Price range is between ₹120 to 125. So, investors need to bid within this price range.
Fix price issue: It has a specific price to bid.
3).Issue Size (in Rs.):
The total monetary value of the IPO is the issue size.
Issue size is arrived by multiplying the number of shares offered by the company with the issue price per share.
(Issue size = number of shares offered x issue price per share).