In the case of oversubscription, your allotment if you subscribe without priority, may take place with a lower number than you wished to subscribe for, or allotment may not take place at all. It does not matter when during the subscription period you sign up. The transaction can be terminated, but not after unconditional trading in the security has begun.
RISK OF STOCKS:
Historical returns are no guarantee of future returns. An investment in securities / funds can both increase and decrease in value and it is not certain that you will get back the invested capital.
Once a stock is bought, the principal cannot be refunded, but it can be traded. The par value of the stock rises and falls, resulting in a price difference, which means that the profit and loss of the holder changes, which can generate income after resale. The principal cannot be refunded after the stock is purchased, because the principal of the stock has been invested in the operation of the company. After the stock holder buys the stock, he will naturally become a shareholder of the company and enjoy the rights of the company’s dividends, etc., but the principal has been invested during production and operation of the company, therefore it is consumed and cannot be taken back.
Subscription Form