Allotment procedure and basis of allotment

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Full Text of the Document

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....t 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 be made for the purpose of making allotment in minimum lots. (2) The allotment of specified securities to applicants other than retail i....