Thanks @AP, It was helpful. But still my point of understanding is missing. Even as per the shared link info, if a IPO is oversubscribed, then only the minimum lot will be allocated to those "Maximum number of RII Allotees" based on draw.
If that is the case, then how is it possible for someone to get more than one lot in DBL or any oversubscribed IPOs. Please clarify.
My understanding is that only one lot should be allotted to those applicants based on draw in case of a oversubscribed IPO irrespective of the lot applied by them.
RBL BANK LIMITED (Refer Page No 504 of RHP dated 04th August 2016)
18-Aug-16 – Participation by Anchor Investors 19-Aug-16 – Bid/Offer Opening Date 23-Aug-16 – Bid/Offer Closing Date 26-Aug-16 – Finalisation of Basis of Allotment 29-Aug-16 – Unblocking of Funds from ASBA Account 30-Aug-16 – Credit of Equity Shares to Demat Account 31-Aug-16 – Commencement of Trading on NSE/BSE