Securities And Exchange Board Of India - Subsection
Section 98(e) in Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009
(e)the balance fifty per cent. may be allocated among the categories of non-institutional investors and retail individual investors including employees at the discretion of the issue and the manner of allocated shall be disclosed in the prospectus. Allotment to investors within a category shall be on proportionate basis;
