InterviewSolution
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InterviewSolution
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Is There Any Preference While Doing The Allotment Of An Ipo? |
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Answer» The allotment of IPOs to the Qualified Institutional Buyers (QIBs) is on a discretionary basis. The discretion is LEFT to the Merchant Bankers who first disclose the parameters of judgment in the Red Herring PROSPECTUS. There are no objective CONDITIONS stipulated as PER the DIP Guidelines. The Merchant Bankers are free to set their criteria and mention the same in the Red Herring Prospectus. The allotment of IPOs to the Qualified Institutional Buyers (QIBs) is on a discretionary basis. The discretion is left to the Merchant Bankers who first disclose the parameters of judgment in the Red Herring Prospectus. There are no objective conditions stipulated as per the DIP Guidelines. The Merchant Bankers are free to set their criteria and mention the same in the Red Herring Prospectus. |
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