https://www.taxtmi.com/acts?id=33433 Regulation 32 mandates category-wise allocation in public offers: under book building, specified minimums and maximums govern retail, non-institutional and qualified institutional buyers, with a five percent mutual fund reservation within the QIB portion, reallocation of unsubscribed amounts between categories, up to sixty percent of QIB allocation available to anchor investors, and a reserved split within the non-institutional category by application size. For non-book-built offers, at least fifty percent must go to retail investors, with the remainder to other individual and institutional investors and provisions allowing reallocation and proportionate higher allocation to retail where applicable. en-us Fri, 21 Dec 2018 11:44:39 +0530 Mon, 17 Mar 2025 15:07:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=33433 Regulation 32 mandates category-wise allocation in public offers: under book building, specified minimums and maximums govern retail, non-institutional and qualified institutional buyers, with a five percent mutual fund reservation within the QIB portion, reallocation of unsubscribed amounts between categories, up to sixty percent of QIB allocation available to anchor investors, and a reserved split within the non-institutional category by application size. For non-book-built offers, at least fifty percent must go to retail investors, with the remainder to other individual and institutional investors and provisions allowing reallocation and proportionate higher allocation to retail where applicable. Act-Rules SEBI Fri, 21 Dec 2018 11:44:39 +0530 https://www.taxtmi.com/acts?id=33433