Dematerialisation requirement: IPO securities must trade only in dematerialised form and issuers must contract with depositories. Trading in securities of companies making initial public offers must be in dematerialised form only; issuers must enter into agreements with all depositories and provide investors the option of dematerialised allotment. Lead merchant bankers must furnish final printed and soft copies of the final offer document to SEBI within short filing timelines, certify that the HTML soft copy is identical to the printed prospectus, and comply with Schedule XXIII technical and labelling requirements; failure to comply will prevent processing.
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.
Dematerialisation requirement: IPO securities must trade only in dematerialised form and issuers must contract with depositories.
Trading in securities of companies making initial public offers must be in dematerialised form only; issuers must enter into agreements with all depositories and provide investors the option of dematerialised allotment. Lead merchant bankers must furnish final printed and soft copies of the final offer document to SEBI within short filing timelines, certify that the HTML soft copy is identical to the printed prospectus, and comply with Schedule XXIII technical and labelling requirements; failure to comply will prevent processing.
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