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Does the applicant get preference in allotment if he applies in dematerialised form?

April 26, 2017allotment applicant applies dematerialised form

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Does the applicant get preference in allotment if he applies in dematerialised form?

1 Answer

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A.The basis of allotment is independent of the form (physical/ dematerialised) in which securities are applied. Thus the applicant won’t get preference in allotment if he applies for securities in dematerialised form.