The allocation number of new shares refers to the contract number obtained by investors after completing the subscription procedures of new shares, which is randomly allocated. Investors get their own allocation number on T+ 1 day, and can check the winning number published by the lead underwriter in the newspaper designated by the CSRC on T+2 day.
If the last few digits of your own number are the same as the winning number, it is a winning bid and the subscription of new shares is successful. It means that the contract number obtained by the investor after completing the subscription procedures for new shares is not a matching number (T days), and the transaction number on the delivery sheet of the next day (T+ 1) is not a matching number. Only when the delivery procedures are completed on the third trading day (T+2) after the issuance of new shares, the new shares are numbered.
Investors who want to inquire about the new share allocation number can print the delivery note at the brokerage firm on T+2, and the brokerage firm will also print out the new share allocation numbers of all investors on that day and post them in the lobby of the sales department for investors to check. Some brokers have also opened telephone inquiry service, and investors can also inquire by telephone in the column of inquiring about the number of new shares allocated.
After investors get their winning number on T+2, they can check the winning number published by the lead underwriter in the newspaper designated by the CSRC on T+3. If the last few digits of their numbers are the same as the winning numbers, they will win the prize, but if they are different, they will not win the prize.
Each winning number can subscribe for 1000 shares (500 shares in Shenzhen Stock Exchange). In addition, investors' subscription funds are unfrozen on T+4, and investors can also directly check whether the unfrozen funds in their accounts have decreased, or whether there are new shares subscribed for the stock balance on that day, so as to determine whether they have won the lottery.
And T+2 days: lucky draw. Announce the winning rate, and organize the lottery according to the total number of people and the winning rate, and announce the winning results the next day.
4.T+3 days (usually after liquidation on T+2 days) can be used to check whether the lottery won or not. If the lottery did not win, the money will be returned to the account. Winning customers can trade winning shares on the day of IPO.
If the subscription of new shares does not match, the reason may be that the subscription is not made during trading hours, the funds are insufficient when the same account is subscribed, or the required market value is insufficient. Repeated purchases are generally only valid for the first time and will not invalidate the order.