What will be the allotment and refund process?
Ans: The Issuer Company will decide the basis of allotment and if allotted the shares will be credited to your Demat account under which the application was made. Refund Order if any will be directly credited to your bank account through the Electronic Credit Service (ECS) which is available currently at select centers only where the clearing house is managed by Reserve Bank of India. In other cases the refund will be sent to your address registered against the Demat account with the bank particulars duly printed on it.
