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rumour airing that those retail investor who apply for 2250 share may face cancelled bid ,
this is not correct...Cut off price or Max bid price is Rs 90 so taking 5% discount 85.5 will be the price for retail investor. so total amount for 2250 shares is 192375 which is below the 2 lakh maximum allowed investment for retail investor. I have also confirmed with my broker. So it is valid bid and allotment will be done on the basis of allotment that will be declared in 3 to 4 days. So leave rumuours for themselves.
something is on table