https://www.taxtmi.com/acts?id=35682 Regulation requires the issuer to state a minimum application size in the offer document so that the monetary value of the minimum falls within the prescribed range, and to invite applications only in multiples of that minimum application value; the minimum sum payable on application shall not be less than twenty five per cent of the issue price, except that in an offer for sale the issue price for each specified security must be brought in at application. "Minimum application value" is determined by reference to the issue price and not the amount payable on application. en-us Mon, 28 Jan 2019 11:08:41 +0530 Mon, 28 Jan 2019 11:08:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35682 Regulation requires the issuer to state a minimum application size in the offer document so that the monetary value of the minimum falls within the prescribed range, and to invite applications only in multiples of that minimum application value; the minimum sum payable on application shall not be less than twenty five per cent of the issue price, except that in an offer for sale the issue price for each specified security must be brought in at application. "Minimum application value" is determined by reference to the issue price and not the amount payable on application. Act-Rules SEBI Mon, 28 Jan 2019 11:08:41 +0530 https://www.taxtmi.com/acts?id=35682