What is Basis of Allocation/Basis of Allotment?
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Basis of allotment is a document published by the registrar of an IPO after finalising the share allocations based on SEBI guidelines . Ratio of allotment is a critical factor for IPO's oversubscribed multiple times
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- Basis of Allotment or Basis of Allocation is a document publishes by registrar of an IPO to stock exchanges and IPO investors.
- Ratio of the allotment is a critical field for IPO's oversubscribed multiple times.
- This field tells how many applicants will receive single lot of shares among a certain number of applicants.
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