Easy Office
Easy Office

Offer under IPO to public

This query is : Resolved 
Profile Image

Profile Image

(Querist)
26 November 2009 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?
Profile Image

Rasesh

Profile Image

Rasesh (Expert)
26 November 2009 Yes QIB is included in Public.

In simple words, public means non-promter

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links