Don't look at the lead manager. The issue has been planned up by Hitesh patel who has done innovative ideal, Deccan health care where investors has made good money. Must subscribe.
Allotment price Rs 31.5191. Retail 100% alloted. So you divide the amount you invested with Rs 31.5191. Fraction to be ignored & will be refunded to your bank account linked with dp
It is official now, the units allocated are based on closing price of 14.02.2019.
The allotment is done at *31.5191* Total of *6345 units* has been allocated. Current Market Price of Bharat 22 ETFs is 33.85 So a profit of close to ~15k per application for Retail Customers!