https://www.taxtmi.com/circulars?id=58132 Sellers may permit retail investors to bid at a cut-off price alongside price bids; sellers must announce a floor price by 5 pm on T 1, exchanges will decide retail-eligible quantities based on that floor price, and no indicative price will be published for the retail portion. Margins for cut-off bids are at the floor price; retail bids below cut-off are rejected, bids at cut-off are allocated proportionately on oversubscription, and any unsubscribed retail portion may be allocated to non-retail. Clearing corporations shall collect 100% cash margin for retail bids and settlements shall follow normal secondary market processes. en-us Mon, 01 Dec 2014 00:00:00 +0530 Mon, 10 Dec 2018 10:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58132 Sellers may permit retail investors to bid at a cut-off price alongside price bids; sellers must announce a floor price by 5 pm on T 1, exchanges will decide retail-eligible quantities based on that floor price, and no indicative price will be published for the retail portion. Margins for cut-off bids are at the floor price; retail bids below cut-off are rejected, bids at cut-off are allocated proportionately on oversubscription, and any unsubscribed retail portion may be allocated to non-retail. Clearing corporations shall collect 100% cash margin for retail bids and settlements shall follow normal secondary market processes. Circulars SEBI Mon, 01 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58132