Eligibility norms for issuers require pre filing review, dematerialisation, listing and financial qualification conditions for public offers. Eligibility norms set conditions for public and rights offers, requiring pre filing of draft offer documents with the Board, mandatory dematerialisation and listing applications, and financial qualifications for unlisted issuers. Alternate routes such as book building or institutional allocations are permitted where prescribed institutional participation, market making, post issue capital or allottee thresholds are satisfied. Credit ratings, disclosure of recent ratings, and IPO grading for unlisted companies are mandatory for debt instruments and initial public offerings, and certain regulated banks and infrastructure companies qualify for exemptions from some norms.
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Provisions expressly mentioned in the judgment/order text.
Eligibility norms for issuers require pre filing review, dematerialisation, listing and financial qualification conditions for public offers.
Eligibility norms set conditions for public and rights offers, requiring pre filing of draft offer documents with the Board, mandatory dematerialisation and listing applications, and financial qualifications for unlisted issuers. Alternate routes such as book building or institutional allocations are permitted where prescribed institutional participation, market making, post issue capital or allottee thresholds are satisfied. Credit ratings, disclosure of recent ratings, and IPO grading for unlisted companies are mandatory for debt instruments and initial public offerings, and certain regulated banks and infrastructure companies qualify for exemptions from some norms.
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