Book building timeframe requires dispatch and waiting periods before issue opening and a statutory advertisement before trading. SEBI's book building timetable requires dispatch of application forms and offer documents (showing SEBI's final observations but not final price) in prescribed minimum quantities, with a minimum 14 day gap before issue opening; after price determination the issuer must publish a statutory advertisement stating the price and subscription table for three consecutive days, with a minimum 5 day gap before issue opening. The timetable sets out sequential operational steps from book closure to allocation, CAN issuance, pay in confirmation, demat crediting and start of trading.
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.
Book building timeframe requires dispatch and waiting periods before issue opening and a statutory advertisement before trading.
SEBI's book building timetable requires dispatch of application forms and offer documents (showing SEBI's final observations but not final price) in prescribed minimum quantities, with a minimum 14 day gap before issue opening; after price determination the issuer must publish a statutory advertisement stating the price and subscription table for three consecutive days, with a minimum 5 day gap before issue opening. The timetable sets out sequential operational steps from book closure to allocation, CAN issuance, pay in confirmation, demat crediting and start of trading.
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