Many in forum wants to know what happens to unsubscribe portion in any category and how it will be distributed it is let to the BRLM to make the decision whether to give it to RII or QIB in case of HNI under subscribed. However in case of QIB undersubscribe the issue will will be cancelled
Under-subscription in any category (except QIB Portion) is allowed to be met with spill-over from any other category or combination of categories at the discretion of the Issuer and Selling Shareholders and in consultation with the BRLMs and the Designated Stock Exchange and in accordance with the SEBI ICDR Regulations, 2009. Unsubscribed portion in QIB Category is not available for subscription to other categories.