SEBI Board met on 6th March in Mumbai and took the following decisions: Margin Requirement in Public Issues The Board decided that with effect from 1st May 2010, all types of investors would be required to bring in 100% of the application money as margin along with the application for securities in public issues. This [...]
Posts Tagged ‘SEBI’
Anchor Investor
July 27th, 2009
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SEBI has introduced a new concept which is to be tried out for the first time during the issue of Adani Power. Typically the issue is divided into three categories of investors namely: – QIB’s (Qualified Institutional Investors) Non Retail or HNI’s and the retail category. A minimum of 30% of the issue is offered [...]
Price Band announcement
July 20th, 2009
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SEBI has now allowed companies going public to announce the price band two days before the issue opens. The intention of SEBI was indeed very creditable and must have been with lot of deliberations. It however is also likely to lead to lot of confusion. Issues open around the beginning of the week typically on [...]
