Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Regulation 190 allows issuers to offer IDRs at differential prices, with up to 10% discount for eligible investors.</h1> Under Regulation 190 of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, issuers can offer Indian Depository Receipts (IDRs) at differential prices. Retail individual investors or employees eligible for reservations can purchase securities at a price no more than 10% lower than the price offered to other applicants, excluding anchor investors. Employees are defined as permanent, full-time or part-time employees or directors in India, excluding promoters and their immediate relatives. If using the alternate book-building method, the same pricing rule applies. Any discounts must be specified in rupee terms in the offer document.