The company issued 3,415,300 units of ordinary shares having a face value of Rs 100 on May 23-27.
During the issue, a total of 2,043,249 applicants applied for 23,991,820 units of shares out of which 3,674 applications were cancelled.
Given that the issue was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines. Based on the guidelines, a total of 241,530 applicants were provided 10 units of shares through lottery.
