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Allotment procedure and basis of allotment

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Full Text of the Document

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.... units to the applicants. ^2[(1A) In case of oversubscription, the scheme of SM REIT shall not make any allotment in excess of the units offered through the scheme offer document and the allotment of units to each category of investors shall not be less than the minimum bid lot, and the remaining available units, if any, shall be allotted on a proportionate basis (to be selected by a lottery): ....

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