TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Amends Book Building Process: Increases RII Allocation, Updates Definitions, and Shortens Bidding Period.</h1> The circular outlines amendments to the SEBI (Disclosure and Investor Protection) Guidelines, 2000, focusing on the book building process. Key changes include increasing the allocation for Retail Individual Investors (RIIs) from 25% to 35% and reducing the Non-Institutional Investors (NIIs) allocation from 25% to 15%. The definition of RIIs is updated to allow applications up to Rs. 1,00,000. The bidding period is reduced to 3-7 working days. Listed companies can choose to disclose the price band/floor price one day before bid opening. Stock exchanges must improve data reporting and display for three days post-closure. These amendments apply to public issues filed after April 4, 2005.
TaxTMI 
TaxTMI 
