Proportionate allocation to QIBs: reserved mutual fund quota first, then balance distributed proportionately among QIB bidders. The schedule prescribes a two-step allocation for QIBs: first allocate a reserved sub-portion to mutual funds proportionately among MF applicants; then allocate the remaining QIB quota proportionately among all QIB bidders (including mutual funds) after deducting the shares already allotted to mutual funds. The balance allocation applies an adjusted proportional formula where mutual fund bid quantities are reduced by their earlier allotment, and the overall numerator and denominator exclude the reserved MF allotment, with an overarching requirement to meet minimum-allotment provisions.