Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 Chapter II COMMON CONDITIONS FOR PUBLIC ISSUES AND RIGHTS ISSUES
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Oversubscription limits: allotments cannot exceed offered securities; small additional allotments allowed to meet minimum lot requirements. Regulation 15 bars any allotment beyond the securities specified in the offer document, but allows, upon oversubscription, a supplementary allotment of up ... Summary
Oversubscription limits: allotments cannot exceed offered securities; small additional allotments allowed to meet minimum lot requirements.
Regulation 15 bars any allotment beyond the securities specified in the offer document, but allows, upon oversubscription, a supplementary allotment of up to ten per cent of the net offer to the public strictly to facilitate allotments in minimum lot sizes; this preserves the overall issuance cap while enabling allocation in integral lots.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.