https://www.taxtmi.com/circulars?id=66147 SEBI issues a comprehensive OFS framework detailing eligibility for promoters, companies and non-promoter sellers; required disclosures including floor price, offer size, allocation methodology and green shoe; defined cooling off periods by liquidity; retail reservation and discounting mechanisms; separate T day/T+1 day bidding windows; margin, deposit and risk management obligations including 100% cash margin for retail; allocation and settlement processes with reserved quotas for certain institutional categories and retail investors; default penalties and withdrawal/cancellation rules; equivalent application to listed REITs/InvITs; and rescission of prior OFS circulars. en-us Tue, 10 Jan 2023 00:00:00 +0530 Thu, 31 Jul 2025 14:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66147 SEBI issues a comprehensive OFS framework detailing eligibility for promoters, companies and non-promoter sellers; required disclosures including floor price, offer size, allocation methodology and green shoe; defined cooling off periods by liquidity; retail reservation and discounting mechanisms; separate T day/T+1 day bidding windows; margin, deposit and risk management obligations including 100% cash margin for retail; allocation and settlement processes with reserved quotas for certain institutional categories and retail investors; default penalties and withdrawal/cancellation rules; equivalent application to listed REITs/InvITs; and rescission of prior OFS circulars. Circulars SEBI Tue, 10 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66147