If the auction of an IPO is oversubscribed,shares of the IPO are allocated pro-rata to all bidders.

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If the auction of an IPO is oversubscribed, shares of the IPO are allocated on a pro-rata basis to all bidders. This means that all bidders receive a portion of the shares they bid for based on the total number of shares available and the number of shares they bid for. However, there may be certain conditions or restrictions on the allocation process, depending on the specific rules and regulations governing the IPO.

If the Auction of an IPO Is Oversubscribed,shares of the IPO