APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICER.Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
APPOINTMENT OF LEAD MANAGERS, OTHER INTERMEDIARIES AND COMPLIANCE OFFICER.Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
Allocation in net offer prescribes category-specific allotments with reserved subcategories and reallocation for unsubscribed portions. Allocation in the net offer prescribes percentage allocations among investor classes: a reserved portion for individual investors who apply at minimum ... Summary
Allocation in net offer prescribes category-specific allotments with reserved subcategories and reallocation for unsubscribed portions.
Allocation in the net offer prescribes percentage allocations among investor classes: a reserved portion for individual investors who apply at minimum application size, a portion for non-institutional investors, and the remainder to qualified institutional buyers with a sub-allocation to mutual funds; unsubscribed shares in any category may be reallocated to other categories. For book-built issues the non-institutional portion is split by application-size subcategories with reciprocal reallocation; for non-book-built issues a minimum proportion is reserved for minimum-size individual applicants and the balance is allotted among other individual and institutional applicants.
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