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    <title>Illustration explaining the procedure of allotment for retail individual investors [See regulation 47(3), 49(5), 145(5), 192(1)(a), 204(4), 267(3), 143(3) and 268(5)]</title>
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    <description>Sets out SEBI allocation mechanics: applicants in retail and non-institutional categories must receive at least the minimum lot where shares permit; remaining shares are apportioned proportionately among applicants who bid in excess of the minimum, with lotteries used to allocate limited minimum lots when demand exceeds supply, and rounding to whole lots applied for SME lot sizes.</description>
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