IPO requires minimum net offer to public of at least 25% of the post-issue capital.
What is 'public' here?
Can this include the shares allotted by the Co. to 'QIBs' via book building?
Hitesh Goel
(Articled assistant)
(36 Points)
Replied 27 November 2009
yeah i also agree with ankur...........
CS Arpita Rajpurohit
(Company Secretary)
(1111 Points)
Replied 27 November 2009
yes net offer to public includes allotment to QIBs also.