I’ve paid the initial amount to RTA. If not eligible for additional shares will they refund to my registered bank account?

I have X number of shares and I’ve applied for Y more apart from my eligible 1 entitlement. In this case, will I actually be considered for additional shares? I’ve paid the initial amount to RTA. If not eligible for additional shares will they refund to my registered bank account?


  • The RTA can consider you for additional allotment depending upon the issue subscription. The amount you’ve paid is kept in an escrow account maintained by RTA and will be refunded if the allotment is not made.This is how IPO subscriptions would also work before ASBA.