Allocation in the net offer requires mandated splits among retail, non institutional and qualified institutional buyers with anchor investor provisions. Allocation in the net offer sets mandated category allocations for issues: under book building, specified portions go to retail individual investors, non institutional investors and qualified institutional buyers, including a reserved share for mutual funds and reallocation of unsubscribed portions; alternate book building rules adjust maxima/minima across those categories. Issuers may allocate part of the QIB portion to anchor investors under Schedule XIII. Non institutional allocations are subdivided by application size with cross allocation of unsubscribed amounts. For non book built issues, a prescribed minimum to retail investors and remainder to other applicants applies, with proportionate retail entitlement prevailing if higher.