Critically examine the following: (c) Promoter's contribution to be brought in before public issue opens.

As per SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (ICDR Regulations), promoters shall bring in the full amount of their contribution, including premium, at least one day prior to the issue opening date. This amount shall be kept in an escrow account with a Scheduled Commercial Bank and released to the company along with the public issue proceeds. However, if the promoters' contribution has been brought in prior to the public issue and has already been deployed by the company, the company must provide a cash flow statement in the offer document disclosing the use of such funds received as promoters' contribution. If the promoters' minimum contribution exceeds ₹100 crores, the promoters shall bring in ₹100 crores before the opening of the issue, and the remaining contribution shall be brought in by the promoters in advance on a pro-rata basis before the calls are made on the public.