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1. Chandan Sikdar   I Like It. |Report Abuse|  Link|December 3, 2021 1:51:57 PMReply
I understand that the chance of getting an allotment is purely by lottery in case the number of lots applied is less than the number of times oversubscribed. It does not depend on the number of lots actually applied. I am not able to understand the logic of calculation in example 2. It seems there is something to do with the number of lots applied. Could you please give more details on how the lottery is done - is there any weight attached based on number of lots applied?