https://www.taxtmi.com/acts?id=33669 Issuers must not allot in a public issue if initial public offer allottees are fewer than two hundred. Allotments cannot exceed offered securities except to round off in oversubscription, where up to ten per cent of the net offer may be allotted to effect minimum-lot allocations. Allotments (other than to certain institutional and anchor investors) are on a proportionate basis within investor categories, rounded to the nearest integer and subject to a minimum equal to the disclosed minimum application size, with individual reservation allotments (except employees) capped at two lakhs rupees. Non-institutional allocations must respect minimums and proportional distribution per Schedule XIII, and authorised exchange staff with lead managers and registrars must finalise the basis of allotment as per Parts A and A2 of Schedule XIV. en-us Fri, 21 Dec 2018 14:44:46 +0530 Wed, 12 Mar 2025 15:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33669 Issuers must not allot in a public issue if initial public offer allottees are fewer than two hundred. Allotments cannot exceed offered securities except to round off in oversubscription, where up to ten per cent of the net offer may be allotted to effect minimum-lot allocations. Allotments (other than to certain institutional and anchor investors) are on a proportionate basis within investor categories, rounded to the nearest integer and subject to a minimum equal to the disclosed minimum application size, with individual reservation allotments (except employees) capped at two lakhs rupees. Non-institutional allocations must respect minimums and proportional distribution per Schedule XIII, and authorised exchange staff with lead managers and registrars must finalise the basis of allotment as per Parts A and A2 of Schedule XIV. Act-Rules SEBI Fri, 21 Dec 2018 14:44:46 +0530 https://www.taxtmi.com/acts?id=33669