Allocation in net offer to public

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....ies which exceeds the number of specified securities offered to public. ^1[(2) In an issue made through the book building process under sub-regulation (1) of regulation 26, the allocation in the net offer to public category shall be as follows: (a) not less than thirty five per cent to retail individual investors; (b) not less than fifteen per cent to non-institutional investors; (c) n....

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....dition to five per cent. allocation available in terms of clause (c), mutual funds shall be eligible for allocation under the balance available for qualified institutional buyers.] (3) In an issue made through the book building process, the issuer may allocate upto ^3[sixty] per cent. of the portion available for allocation to qualified institutional buyers to an anchor investor in accordance w....

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....sis, the retail individual investors shall be allocated that higher percentage.   ********   1 Substituted for sub-regulation (2) by SEBI (Issue of Capital and Disclosure Requirements) (Fourth Amendment) Regulations, 2012, w.e.f. 12.10.2012. Prior to substitution, sub-regulation (2) read as under: "(2) In an issue made through the book building process, the allocation in t....