1.

Who Is Eligible For Reservation And How Much? (qibs, Niis, Etc.,)

Answer»

In a book built issue allocation to Retail Individual Investors (RIIs), Non Institutional Investors (NIIs) and QUALIFIED Institutional Buyers (QIBS) is in the ratio of 35: 15: 50 respectively. In case the book built issues are made pursuant to the REQUIREMENT of mandatory allocation of 60% to QIBs in terms of Rule 19(2)(b) of SCRR, the respective figures are 30% for RIIs and 10% for NIIs. This is a transitory provision pending harmonization of the QIB allocation in terms of the aforesaid Rule with that specified in the guidelines.

In a book built issue allocation to Retail Individual Investors (RIIs), Non Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs) is in the ratio of 35: 15: 50 respectively. In case the book built issues are made pursuant to the requirement of mandatory allocation of 60% to QIBs in terms of Rule 19(2)(b) of SCRR, the respective figures are 30% for RIIs and 10% for NIIs. This is a transitory provision pending harmonization of the QIB allocation in terms of the aforesaid Rule with that specified in the guidelines.



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