Regulator moves to curb demand inflation, asks exchanges not to disclose bid details while an issue is open N. Sundaresha Subramanian and Anirudh Laskar Mumbai: Capital market regulator Securities and Exchange Board of India (Sebi) is cracking down on the practice of reporting oversubscription in public issues. In a bid to discourage inflation of demand, […]
Posts Tagged ‘SEBI’
No subscription figures till close of public issues
March 8th, 2010
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SEBI Board meeting: Primary market and secondary market changes
March 7th, 2010
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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 […]
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 […]