| Chapter: I |
| PRELIMINARY |
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Regulation 1 |
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Short title and commencement
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Regulation 2 |
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Definitions
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Regulation 3 |
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Applicability of the regulations
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| Chapter: II |
| COMMON CONDITIONS FOR PUBLIC ISSUES AND RIGHTS ISSUES |
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Regulation 4 |
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General conditions
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Regulation 5 |
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Appointment of merchant banker and other intermediaries
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Regulation 6 |
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Filing of offer document
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Regulation 7 |
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Security Deposit
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Regulation 8 |
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Documents to be submitted before opening of the issue
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Regulation 9 |
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Draft offer document to be made public.
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Regulation 10 |
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Fast Track Issue
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Regulation 11 |
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Opening of an issue
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Regulation 12 |
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Dispatch of issue material
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Regulation 13 |
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Underwriting
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Regulation 14 |
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Minimum subscription
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Regulation 15 |
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Oversubscription.
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Regulation 16 |
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Monitoring agency
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Regulation 17 |
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Manner of calls
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Regulation 18 |
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Allotment, refund and payment of interest.
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Regulation 19 |
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Restriction on further capital issues
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Regulation 20 |
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Additional requirements for issue of convertible debt instruments
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Regulation 21 |
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Roll over of non convertible portion of partly convertible debt instruments
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Regulation 22 |
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Conversion of optionally convertible debt instruments into equity share capital
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Regulation 23 |
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Issue of convertible debt instruments for financing
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Regulation 24 |
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Alteration of rights of holders of specified securities
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| Chapter: III |
| PROVISIONS AS TO PUBLIC ISSUE |
| Part: I |
| ELIGIBILITY REQUIREMENTS |
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Regulation 25 |
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Reference date
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Regulation 26 |
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Conditions for initial public offer
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Regulation 27 |
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Conditions for further public offer
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| Part: II |
| PRICING IN PUBLIC ISSUE |
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Regulation 28 |
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Pricing
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Regulation 29 |
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Differential pricing
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Regulation 30 |
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Price and price band
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Regulation 31 |
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Face value of equity shares
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| Part: III |
| PROMOTERS’ CONTRIBUTION |
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Regulation 32 |
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Minimum promoters’ contribution
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Regulation 33 |
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Securities ineligible for minimum promoters’ contribution
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Regulation 34 |
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Requirement of minimum promoters’ contribution not applicable in certain cases
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| Part: IV |
| RESTRICTION ON TRANSFERABILITY (LOCK-IN) OF PROMOTERS’ CONTRIBUTION, ETC. |
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Regulation 35 |
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Date of commencement of lock in and inscription of non-transferability
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Regulation 36 |
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Lock-in of specified securities held by promoters
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Regulation 37 |
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Lock-in of specified securities held by persons other than promoters
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Regulation 38 |
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Lock-in of specified securities lent to stabilising agent under green shoe option.
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Regulation 39 |
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Pledge of locked-in specified securities.
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Regulation 40 |
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Transferability of locked-in specified securities.
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| Part: V |
| MINIMUM OFFER TO PUBLIC, RESERVATIONS, ETC. |
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Regulation 41 |
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Minimum offer to public
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Regulation 42 |
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Reservation on competitive basis
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Regulation 43 |
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Allocation in net offer to public
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Regulation 44 |
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Safety-net arrangement
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Regulation 45 |
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Price stabilisation through green shoe option.
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Regulation 46 |
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Period of subscription.
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Regulation 47 |
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Pre-issue advertisement for public issue.
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Regulation 48 |
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Issue opening and issue closing advertisement for public issue.
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Regulation 49 |
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Minimum application value.
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Regulation 50 |
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Allotment procedure and basis of allotment.
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Regulation 51 |
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Utilisation of subscription money.
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Regulation 51A |
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Annual Updation of Offer Document
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| Chapter: IV |
| RIGHTS ISSUE |
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Regulation 52 |
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Record Date
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Regulation 53 |
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Restriction on rights issue
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Regulation 54 |
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Letter of offer, abridged letter of offer, pricing and period of subscription.
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Regulation 55 |
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Pre-Issue Advertisement for rights issue.
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Regulation 55A |
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Reservation for employees alongwith rights issue.
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Regulation 56 |
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Utilisation of funds raised in rights issue
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| Chapter: V |
| MANNER OF DISCLOSURES IN THE OFFER DOCUMENTS |
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Regulation 57 |
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Manner of disclosures in the offer document
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Regulation 58 |
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Abridged prospectus, abridged letter of offer and ASBA.
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| Chapter: VI |
| GENERAL OBLIGATIONS OF ISSUER AND INTERMEDIARIES WITH RESPECT TO PUBLIC ISSUE AND RIGHTS ISSUE |
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Regulation 59 |
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Prohibition on payment of incentives
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Regulation 60 |
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Public communications, publicity materials, advertisements and research reports.
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Regulation 61 |
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Copies of offer documents to be available to public.
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Regulation 62 |
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Redressal of investor grievances.
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Regulation 63 |
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Appointment of Compliance Officer
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Regulation 64 |
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Due diligence
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Regulation 65 |
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Post- issue reports
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Regulation 66 |
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Post-issue Advertisements
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Regulation 67 |
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Co-ordination with Intermediaries
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Regulation 68 |
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Audited financial statements in the offer document.
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Regulation 69 |
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Other responsibilities.
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| Chapter: VI-A |
| CONDITIONS AND MANNER OF PROVIDING EXIT OPPORTUNITY TO DISSENTING SHAREHOLDERS |
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Regulation 69A |
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Applicability
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Regulation 69B |
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Definitions
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Regulation 69C |
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Conditions for exit offer
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Regulation 69D |
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Eligibility of shareholders for availing the exit offer
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Regulation 69E |
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Exit offer price
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Regulation 69F |
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Manner of providing exit to dissenting shareholders.
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Regulation 69G |
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Offer not to exceed maximum permissible non-public shareholding.
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| Chapter: VII |
| PREFERENTIAL ISSUE |
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Regulation 70 |
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Chapter VII not to apply in certain cases
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Regulation 71 |
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Relevant date
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Regulation 71A |
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Frequently traded shares
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Regulation 72 |
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Conditions for preferential issue.
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Regulation 73 |
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Disclosures
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Regulation 74 |
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Allotment pursuant to special resolution.
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Regulation 75 |
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Tenure of convertible securities.
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Regulation 76 |
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Pricing of equity shares - Frequently traded shares
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Regulation 76A |
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Pricing of equity shares – Infrequently traded shares
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Regulation 76B |
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Adjustments in pricing - Frequently or Infrequently traded shares
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Regulation 77 |
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Payment of consideration
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Regulation 78 |
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Lock-in of specified securities
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Regulation 79 |
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Transferability of locked-in specified securities and warrants issued on preferential basis
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| Chapter: VIII |
| QUALIFIED INSTITUTIONS PLACEMENT |
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Regulation 80 |
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Applicability
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Regulation 81 |
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Definitions
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Regulation 82 |
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Conditions for qualified institutions placement
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Regulation 83 |
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Appointment of merchant banker
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Regulation 84 |
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Placement Document
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Regulation 85 |
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Pricing
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Regulation 86 |
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Restrictions on allotment
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Regulation 87 |
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Minimum number of allottees.
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Regulation 88 |
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Validity of the special resolution.
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Regulation 89 |
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Restrictions on amount raised
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Regulation 90 |
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Tenure
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Regulation 91 |
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Transferability of eligible securities
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| Chapter: VIII-A |
| INSTITUTIONAL PLACEMENT PROGRAMME |
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Regulation 91A |
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Applicability
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Regulation 91B |
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Definitions
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Regulation 91C |
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Conditions for institutional placement programme
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Regulation 91D |
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Appointment of merchant banker
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Regulation 91E |
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Offer Document
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Regulation 91F |
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Pricing and allocation/allotment
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Regulation 91H |
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Minimum number of allottees
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Regulation 91J |
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Period of Subscription and display of demand
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Regulation 91K |
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Withdrawal of offer
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Regulation 91L |
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Transferability of eligible securities.
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Regulation 91G |
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Restrictions
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Regulation 91I |
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Restrictions on size of the offer
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| Chapter: IX |
| BONUS ISSUE |
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Regulation 92 |
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Conditions for bonus issue
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Regulation 93 |
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Restriction on bonus issue
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Regulation 94 |
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Bonus shares only against reserves, etc. if capitalised in cash.
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Regulation 95 |
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Completion of bonus issue.
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| Chapter: X |
| ISSUE OF INDIAN DEPOSITORY RECEIPTS |
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Regulation 96 |
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Applicability
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Regulation 97 |
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Eligibility.
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Regulation 98 |
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Conditions for issue of IDR.
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Regulation 99 |
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Minimum subscription
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Regulation 100 |
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Fungibility
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Regulation 101 |
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Filing of draft prospectus, due diligence certificates, payment of fees and issue advertisement for IDR.
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Regulation 101A |
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Agreements with other intermediaries and others
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Regulation 102 |
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Display of bid data and issue of allotment letter
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Regulation 103 |
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Disclosures in prospectus and abridged prospectus.
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Regulation 104 |
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Post-issue reports
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Regulation 105 |
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Undersubscribed issue
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Regulation 106 |
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Finalisation of basis of allotment.
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| Chapter: XA |
| RIGHTS ISSUE OF INDIAN DEPOSITORY RECEIPTS |
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Regulation 106A |
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Applicability
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Regulation 106B |
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Eligibility
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Regulation 106C |
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Renunciation by an IDR holder
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Regulation 106D |
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Depository
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Regulation 106E |
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Record Date
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Regulation 106F |
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Disclosures in the offer document and the addendum for the rights offering
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Regulation 106G |
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Filing of draft offer document and the addendum for rights offering
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Regulation 106H |
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Fast track issue
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Regulation 106I |
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Dispatch of abridged letter of offer and application form
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Regulation 106J |
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Period of subscription and issue of allotment letter
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Regulation 106K |
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Pre-Issue Advertisement for rights issue
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Regulation 106L |
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Utilisation of funds raised in rights issue
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| Chapter: XB |
| ISSUE OF SPECIFIED SECURITIES BY SMALL AND MEDIUM ENTERPRISES |
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Regulation 106M |
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Applicability
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Regulation 106N |
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Definitions
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Regulation 106O |
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Filing of offer document and due diligence certificate
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Regulation 106P |
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Underwriting by merchant bankers and underwriters
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Regulation 106Q |
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Minimum Application Value
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Regulation 106R |
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Minimum Number of Allottees
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Regulation 106S |
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Listing of specified securities
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Regulation 106T |
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Migration to SME exchange
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Regulation 106U |
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Migration to Main Board
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Regulation 106V |
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Market Making
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| Chapter: XC |
| LISTING ON INSTITUTIONAL TRADING PLATFORM |
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Regulation 106W |
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Applicability
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Regulation 106X |
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Definitions
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Regulation 106Y |
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Eligibility
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Regulation 106Z |
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Listing without public issue
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Regulation 106ZA |
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Listing pursuant to public issue
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Regulation 106ZB |
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Lock-in
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Regulation 106ZC |
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Trading lot
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Regulation 106ZD |
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Exit of entities listed without making a public issue
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Regulation 106ZE |
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Migration to main board
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Regulation 106ZF |
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Repeal and saving
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| Chapter: XI |
| LISTING OF SECURITIES ON STOCK EXCHANGES |
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Regulation 107 |
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In-principle approval of recognized stock exchange(s)
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Regulation 108 |
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Application for Listing
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Regulation 109 |
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Listing Agreement
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Regulation 110 |
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Obligation of stock exchange(s).
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| Chapter: XII |
| MISCELLANEOUS |
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Regulation 111 |
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Directions by the Board
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Regulation 111A |
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Liability for contravention of the Act, rules or the regulations
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Regulation 111A |
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Liability for contravention of the Act, rules or the regulations
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Regulation 111B |
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Failure to pay fine
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Regulation 112 |
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Power to remove difficulty
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Regulation 113 |
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Power to relax strict enforcement of the regulations
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Regulation 114 |
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Amendments to other regulations
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Regulation 115 |
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Repeal and Savings
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| SCHEDULE |
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SCHEDULE - 01 |
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INTER-SE ALLOCATION OF RESPONSIBILITIES
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SCHEDULE - 02 |
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FORMAT OF AGREEMENT BETWEEN LEAD MERCHANT BANKERS TO THE ISSUE AND ISSUER/ISSUING COMPANY
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SCHEDULE - 03 |
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MANDATORY COLLECTION CENTRES
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SCHEDULE - 04 |
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FEES TO BE PAID ALONG WITH OFFER DOCUMENT
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SCHEDULE - 05 |
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MANNER OF SUBMISSION OF SOFT COPY OF DRAFT OFFER DOCUMENT AND OFFER DOCUMENT TO THE BOARD
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SCHEDULE - 06 |
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FORMATS OF DUE DILIGENCE CERTIFICATES
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SCHEDULE - 07 |
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NATURE OF UPDATION/CHANGES IN THE OFFER DOCUMENT AND CONSEQUENT STEPS THEREIN REQUIRING FILING OF UPDATED OFFER DOCUMENT
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SCHEDULE - 08 |
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DISCLOSURES IN OFFER DOCUMENT, ABRIDGED PROSPECTUS AND ABRIDGED LETTER OF OFFER
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SCHEDULE - 09 |
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FORMAT OF REPORT TO BE SUBMITTED BY MONITORING AGENCY
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SCHEDULE - 10 |
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FACILITIES OR SERVICES INCLUDED IN THE TERM “INFRASTRUCTURE SECTOR
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SCHEDULE - 11 |
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BOOK BUILDING PROCESS
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SCHEDULE - 12 |
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FORMAT OF REPORT FOR GREEN SHOE OPTION
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SCHEDULE - 13 |
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FORMATS OF ADVERTISEMENTS FOR PUBLIC ISSUE
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SCHEDULE - 14 |
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ILLUSTRATION EXPLAINING MINIMUM APPLICATION SIZE
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SCHEDULE - 15 |
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ILLUSTRATION EXPLAINING PROCEDURE OF ALLOTMENT
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SCHEDULE - 16 |
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FORMATS OF POST ISSUE REPORTS
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SCHEDULE - 17 |
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FORMAT OF UNDERWRITING DEVOLVEMENT STATEMENT
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SCHEDULE - 18 |
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DISCLOSURES IN PLACEMENT DOCUMENT
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SCHEDULE - 19 |
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DISCLOSURES IN PROSPECTUS AND ABRIDGED PROSPECTUS FOR ISSUE OF INDIAN DEPOSITORY RECEIPTS
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SCHEDULE - 19A |
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Omitted
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SCHEDULE - 20 |
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AMENDMENTS TO OTHER REGULATIONS
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SCHEDULE - 21 |
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DISCLOSURES IN THE ADDENDUM TO THE OFFER DOCUMENT FOR RIGHTS ISSUE OF INDIAN DEPOSITORY RECEIPTS
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