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of <h1>Guidelines Clarify Bid Details for QIBs, Non-Institutional, and Retail Investors under SEBI Schedule 30, Clause 11.3.4.1(xii).</h1> The statutory provision outlines the bid details under the SEBI (Disclosure and Investor Protection Guidelines) 2000, specifically Schedule 30, Clause 11.3.4.1(xii). It categorizes the shares offered and bid for by Qualified Institutional Buyers (QIBs), Non-Institutional Investors, and Retail Individual Investors (RIIs), with subcategories for FIIs, mutual funds, corporates, and individuals. The document specifies the need for a graphical display of bids, clarifies that the bid position does not equate to subscription levels, and includes instructions on handling multiple bids and updating information.
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