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What is basis of allotment?

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Basis of allotment is a document that gives detailed information of allotment across each investor category.

The basis of allotment provides below details:

  • Number of valid applications.
  • Number of shares applied by the investors grouped based on the applied lots.
  • Number of equity shares allotted per bidder.
  • Ratio of allotment.
  • Total no. of shares allotted.

 

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