ILLUSTRATION EXPLAINING MINIMUM APPLICATION SIZE

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..... LICATION SIZE For inviting applications in multiples of the minimum value as referred to in sub-regulation (2) of regulation 49, the procedure is clarified by following example: Assuming an issue is being made at a price of ₹ 900 per equity share. In this case, the issuer in consultation with the lead merchant banker can determine the minimum application lot within the range of 12 1 .....

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..... 3200 46800 50400 54000 57600 Application / Bid amount for 8 lots 86400 93600 100800 108000 115200 Application / Bid amount for 16 lots 172800 187200 -- -- .....

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..... )] ILLUSTRATION EXPLAINING MINIMUM APPLICATION SIZE For inviting applications in multiples of the minimum value as referred to in sub-regulation (2) of regulation 49, the procedure is clarified by following example: Assuming an issue is being made at a price of ₹ 390 per equity share. In this case, the issuer in consultation with the lead merchant banker can determine the minimum .....

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..... amount for 4 lots 20280 21840 23400 24960 26520 Application / Bid amount for 8 lots 40560 43680 46800 49920 --- Application / Bid amount for 9 lots 45630 49140 .....

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