@MVP sorry, but I disagee partially.
currently RIIs are subscribing to the extent of 500x-1000x easily.
those who get 1.2/1.5 lakhs worth of allotment are prone to heavy risk per person.
however, if RII lot is capped to 15000, risk per person will be minimal and can be easily managed by most of the allotees.
in most cases, listing is positive. so many retailers can enjoy the gains. Even 2-3k on 15000 feels good.
now only few applicants get big gains and most (90-95%) live in sadness of non-allotment.