https://www.taxtmi.com/circulars?id=59371 Qualified Institutions Placement (QIP) allows listed companies meeting minimum public shareholding and nationwide listing requirements to privately place fully paid equity or convertible/exchangeable securities with Qualified Institutional Buyers (QIBs). Allocations exclude promoters and related parties, mandate at least 10% to mutual funds (or other QIBs if unused), set minimum numbers of allottees and per-allottee caps, prohibit bid withdrawal post-closure, cap annual aggregate QIP proceeds relative to prior-year net worth, require market-based floor pricing with adjustments for corporate actions, and impose disclosure, merchant banker due diligence and listing approval procedures, including placement document disclosures per Schedule XXIA. en-us Mon, 08 May 2006 00:00:00 +0530 Tue, 29 Jan 2019 16:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59371 Qualified Institutions Placement (QIP) allows listed companies meeting minimum public shareholding and nationwide listing requirements to privately place fully paid equity or convertible/exchangeable securities with Qualified Institutional Buyers (QIBs). Allocations exclude promoters and related parties, mandate at least 10% to mutual funds (or other QIBs if unused), set minimum numbers of allottees and per-allottee caps, prohibit bid withdrawal post-closure, cap annual aggregate QIP proceeds relative to prior-year net worth, require market-based floor pricing with adjustments for corporate actions, and impose disclosure, merchant banker due diligence and listing approval procedures, including placement document disclosures per Schedule XXIA. Circulars SEBI Mon, 08 May 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59371