Dear Admin, please clarify if SH will oversubscribed then the allotment will be as minimum lot (i.e. 24 shares) or on proportionate basis. If the allotment will be on proportionate basis then there is no any benefit to take one shares in all accounts we can apply from one account for RII.
Dear Mr Sumit, As per DRHP "If the aggregate demand in this category (shareholders) is greater than 13,052,680 Equity Shares at or above the Offer Price, the allocation shall be made on a proportionate basis."
We recommend investors to apply in all possible ways to make the maximum profits.