@newgen consultancy sir,
Kindly go through the BOA of Ujjavan Small Finance Bank IPO.
Fully similar to BLS( limit of ₹2 lakhs in SH quota and shareholders's discount)
As per that BOA, 14 lots can be applied at net price of SH quota (after discount), even though the gross price excluding discount) of 14 lots exceeds ₹2 lakhs
So the conclusion we can gather is 14 lots is perfectly desirable in this IPO.
All credits goes to
@papon sir for making us aware of this. Thanks a lot sir.