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        SEBI

        Regulation 44 - Opening of the issue

        Securities And Exchange Board of India (Issue Of Capital And Disclosure Requirements) Regulations, 2018
        Part VIII
        ISSUANCE CONDITIONS AND PROCEDURE

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        Opening of public issue: must follow Board observations and occur after prospectus filing with Registrar of Companies. A public issue may be opened within twelve months of the Board's observations under regulation 25, subject to compliance with the Companies Act, 2013. An issue may be opened only after at least three working days from the date of filing the red herring prospectus (book-built issue) or the prospectus (fixed price issue) with the Registrar of Companies. The term 'filing' substituted the earlier 'registering.'
                  Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                    Provisions expressly mentioned in the judgment/order text.

                        Opening of public issue: must follow Board observations and occur after prospectus filing with Registrar of Companies.

                        A public issue may be opened within twelve months of the Board's observations under regulation 25, subject to compliance with the Companies Act, 2013. An issue may be opened only after at least three working days from the date of filing the red herring prospectus (book-built issue) or the prospectus (fixed price issue) with the Registrar of Companies. The term "filing" substituted the earlier "registering."


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