The Poor man car TATA NANO is going to release in July 2009

Tata Motors has completed the random selection of the first 100,000 applicants who bought the Nano small car in the first phase and that the offer will begin next Monday

"Tata Motors would again its appreciation to the people of India to give a warm welcome to the Tata Nano, even as the preferred financiers, brokers and other businesses for their tremendous effort of society beginning with the Tata Nano "the company said in a statement.

The selection was made randomly by a computerized reservations ended April 25.

About two lakh bookings, which began April 9 were made on Tata Motors and State Bank of India (SBI) branches. This was much lower than what was expected.

Selected candidates will be contacted individually, the statement said, adding that the offer will begin next month and continue until the last quarter of 2010.

India's third-largest automaker said 55,021 of 106 .703 candidates in the first phase had the opportunity to bring their books.

They will be given priority allocation in the second phase.

In addition, he is entitled to an interest of 8.5 per cent on the amount of the reservation if the car is delivered within two years (June 23, 2011), and 8.75 percent thereafter. The amount of the rejected candidates are to be delivered, "said the statement.

The company also offers the rejection of candidates an excellent range of Tata Indica range, "the statement read.