At least sixty per cent of the IDRs shall be allotted to the qualified institutional buyers;

CS Professional · Secretarial Audit, Compliance Management and Due Diligence · PYQS · June 2019
At least sixty per cent of the IDRs shall be allotted to the qualified institutional buyers;

Answer & Explanation:

At least fifty per cent of the IDR issued shall be allotted to qualified institutional buyers [Regulation 192(1)(a)]

Topics: SEBI (ICDR) Regulations, 2018

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