Allotment procedure and basis of allotment

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....s than one thousand. (2) The issuer shall not make any allotment in excess of the specified securities offered through the offer document except in case of oversubscription for the purpose of rounding off to make allotment, in consultation with the designated stock exchange. Provided that in case of oversubscription, an allotment of not more than one per cent. of the net offer to public may ....

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.... retail individual investor shall not be less than the minimum bid lot, subject to availability of shares in retail individual investor category, and the remaining available shares, if any, shall be allotted on a proportionate basis. ^2[(4A) The allotment of specified securities to each non-institutional investor shall not be less than the minimum application size, subject to the availabil....