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What is Basis of Allocation or Basis of Allotment?

April 26, 2017allocation allotment basis

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What is Basis of Allocation or Basis of Allotment?

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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. This document provides information about final price fixed for an IPO, issue subscription (bidding) information or demand of an IPO and share allocation ratio.