This is a timed quiz. You will be given 360 seconds to answer all questions. Are you ready?
With effect from 12.11.2010, SEBI has doubled the limit for maximum application for retail individual investors across all public issues. What is the current maximum limit for retail individual investors?
Which of the following statements is not correct about anchor investor?
What is the minimum allocation of net offer to retail individual investors in case of public issue through book-building process if the issuer fulfills the eligibility conditions?
ICDR (Issue of capital and disclosure requirements) Regulations 2018 contains provisions regarding IPO, FPO, Rights issue, Bonus issue, etc.
Consider the below statements:
Statement 1: In case of a public issue, minimum subscription required is atleast 75% of the offer.
Statement 2: A public issue has to be kept open for a minimum of 3 working days and a maximum of 10 working days.
Statement 3: There should be atleast 500 allottees in a public issue.
Statement 4: The eligible securities allotted under QIP cannot be sold by the allottee for a period of one year from the date of allotment, except on a recognised stock exchange.
Which of the above statements are incorrect?
Consider the below statements regarding provisions of ICDR Regulations 2018.
Statement 1: the tenure of warrants can’t exceed 18 months from the date of their allotment in public or rights issue.
Statement 2: In an issue made other than through the book building process, atleast 50% of the net offer is required to be allocated to retail individual investors.
Statement 3: The lock-in period of minimum promoters’ contribution is 2 years in a public issue.
Statement 4: The maximum promoters’ contribution is 20% of the post-issue capital in case of an IPO.
Which of the above statements are correct?
If an issuer does not receive minimum subscription in a public issue, then within how many days the money has to be refunded back to all the applicants?
Securities Market - ICDR Regulations