TMI BlogAllocation in net offer to publicX X X X Extracts X X X X X X X X Extracts X X X X ..... e 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) not more than fift ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 with the con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tail 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 the net offer to publi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sclosure Requirements) (Fourth Amendment) Regulations, 2012, w.e.f. 12.10.2012. 3 Substituted for thirty by the SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2014, w.e.f. 25.08.2014. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagemen ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
