Allocation in the net offer

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....stors ^5[who applies for minimum application size]; b) not less than fifteen per cent. to non-institutional investors; c) not more than fifty per cent. to qualified institutional buyers, five per cent. of which shall be allocated to mutual funds: Provided that the unsubscribed portion in either of the categories specified in clauses (a) or (b) may be allocated to applica....

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.... in either of the sub-categories specified in clauses (a) or (b), may be allocated to applicants in the other sub-category of non-institutional investors.] ^3[^6[(3)] In an issue made other than through the book building process, the allocation in the net offer category shall be made as follows: (a) minimum fifty per cent. to ^8[****] individual investors ^9[who applies for minimum app....

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....bsp; ************** NOTES:- 1. Omitted vide NOTIFICATION No. SEBI/LAD-NRO/GN/2018/57 dated 31-12-2018 before it was read as, "Explanation: If the retail individual investor category is entitled to more than the allocated portion on proportionate basis, the retail individual investors shall be allocated that higher percentage." 2. Re-numbered as (1) vide NOTIFICATION No. SEBI/L....

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....-03-2025 (For effective date in certain cases see Notification) 8.  Omitted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effective date in certain cases see Notification) before it was read as, "retail" 9.  Inserted vide F. No. SEBI/LAD-NRO/GN/2025/233 dated 03-03-2025 w.e.f. 03-03-2025 (For effec....