You have been appointed as Company Secretary of SkyBlue Limited, a Special Purpose Acquisition Company. This company is in the process of issuing Specified Security under Section 23(3) of the Companies Act, 2013 through
CS Executive · Capital Market and Securities Laws · PYQS · June 2025
You have been appointed as Company Secretary of SkyBlue Limited, a Special Purpose Acquisition Company. This company is in the process of issuing Specified Security under Section 23(3) of the Companies Act, 2013 through an IPO, and get them listed with an IFSC recognised stock exchange. Please advise the following: (c) What should be the minimum application size?
Answer & Explanation:
The minimum application size in an initial public offer of SPAC shall be USD 100,000.
Topics: IFSC Listing Regulations
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