TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Regulations: IPO Issuers Can Set Face Value of Shares Based on Price; Key Rules Explained</h1> Under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, an issuer making an initial public offer can set the face value of equity shares based on the issue price. If the issue price is 500 or more, the face value can be less than 10 but not less than 1. If the issue price is below 500, the face value must be 10, except for government entities or special purpose vehicles in the infrastructure sector. Disclosure of face value must match the font size of the issue price in all relevant documents.
TaxTMI 
TaxTMI 
