Conditions for issue of IDR.
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....rocedure to be followed by each class of applicant for applying shall be mentioned in the prospectus; (c) minimum application amount shall be twenty thousand rupees; (d) at least fifty per cent of the IDR issued shall be allotted to qualified institutional buyers on proportionate basis as per illustration given in Part C of Schedule XI; (e) the balance fifty per cent may be allocated amon....
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....ime, of the issuer or of the holding company or subsidiary company or of the material associate(s) of the issuer, whose financial statements are consolidated with the issuer's financial statements, working in India and does not include promoters and an immediate relative of the promoter (i.e., any spouse of that person, or any parent, brother, sister or child of the person or of the spouse).] (....
TaxTMI