Will I always get the full number of shares I ordered, and how is the final IPO price decided?

Not necessarily — IPO allocation depends on demand, so you may receive your full order, a reduced amount, or none at all if the IPO is oversubscribed. The final price itself is set by the underwriter the morning of the IPO based on investor demand, usually within the published range but sometimes up to 20% higher for highly anticipated offerings.

Three possible outcomes:

• Fully Allotted — shares worth your full order amount (minus rounding).
• Allotted with Scale Back — fewer shares than ordered; unused amount returned to USD Cash.
• Shares Not Allotted — no shares; full amount returned to USD Cash.

Because your order is a dollar amount, it remains valid at whatever the final price is — you receive as many whole shares as that amount can buy. No fractional shares are allocated. There's no fee to place an order or receive an allocation; standard US Stocks selling fees (0.2% Pluang+ / 0.3% Regular + regulatory fees) apply only once the shares are sold after listing.

Related questions:

Q: Why might I get fewer shares than I ordered?
The IPO was oversubscribed — demand exceeded supply, so the underwriter scaled back allocations.

Q: Do I pay extra if the final price is higher than expected?
No — you invest the dollar amount you set; a higher price just means fewer whole shares for that amount.

Q: Is there a fee to place a US e-IPO order?
No — order placement, allocation, and refunds are all free; standard fees apply only when you sell after listing.