The company issued 4,248,983 units of shares having face value of Rs 100 from March 10-14. In the issue, the company received 1,356,341 applications, out of which, 1,348,342 applications were approved.
Given that the issue has been oversubscribed, the allotment took place as per Securities Issuance and Allotment Guidelines. Based on this, only 424,893 applicants were provided 10 units of shares. Additionally, eight out them were provided one unit extra making their total 11 units.
