Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends Guidelines: 5% QIB Allocation to Mutual Funds, 10% Margin for QIBs in Book-Built Issues.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) amends the SEBI (Disclosure and Investor Protection) Guidelines, 2000. Key changes include allocating 5% of the Qualified Institutional Buyers (QIB) category to mutual funds in book-built issues. It mandates a 10% margin requirement for QIBs and applies proportionate allotment rules to QIBs, similar to those for Retail Individual Investors and Non-Institutional Investors. The amendments are effective for public issues filed with SEBI on or after the circular's date. The full text and details are available on SEBI's website.